● Bank Nifty managed to hold multiple supports of 30600 zones and witnessed a strong recovery of 400 points towards 31000 zones. It formed a Hammer Candle near to the lower band of the trading range which indicates support based buying
● Now it has to hold above 31000 zones to witness an upmove towards 31313 then 31500 levels while support exists at 30750 then 30600 zones