● Bank Nifty managed to hold 31250 zones and headed towards 31600 levels. It formed a Bullish Engulfing Candle on daily scale as it regained the losses of the previous session and managed to close above 31500 zones
● Now Bank Nifty has to hold near to 31313 zones to witness an up move towards 31712 then 32000 levels while major support exists at 31150 then 31000 zones