BANK NIFTY CHART

Check yesterdays high 471 points from high and recovered

range bound as like NIFTY

Nifty Analysis

17th Feb analysed and explained - Negative Breakout 

trend line at 6160,  So Small hurdles for bulls here

 to reach another upside of +20 to 30 pts"

19th High 6160.35 & 

21st High 6159.65

19th Closed above 6129 & low 6125

20th EXACT low 6129

So Nifty took the support at 6125 and 

Trend change level is also same.

Close above 6160  and hold 6129 for another 3 days

consecutively is +ve for Nifty.   So Be cautious on longs.