● Bank Nifty opened positive and moved in a wider trading band of 500 points for the entire trading session. It formed a Hammer Candle on daily scale and an Inside Bar on weekly scale which implies that bulls are not loosening their grip at lower levels but at the same time bears are putting pressure at higher levels

● Now it has to surpass and hold above 31150 zones to witness an up move towards 31500 then 31750 zones while support are seen at 30500 then 30250