● Bank Nifty opened positive at new time high of 31712 mark but failed to hold its higher zones and remained volatile throughout the session. However it has been making higher lows from last 8 sessions and managed to recover from lower levels to form a Hanging Man Candle on daily scale

● Now Bank Nifty has to hold above 31313 zones to extend its move towards new life time high of 32000 then 32250 levels while major support exists at 31000 then 30500