● Bank Nifty traded in broader range between 31150 to 31500 zones for most part of the session but managed to hold above 31000 zones. It formed a small bodied candle with long upper shadow on daily scale but forming higher highs – higher lows from previous two trading sessions
● Now it has to continue to hold above 31000 zones to extend its move towards 31500 then life time high of 31780 zones while supports are seen at 30800 then 30600 zones