#NIFTYBANK is currently on the lower end of trading range with 34000 being very important level to look for. Below 34000 it might fall uptill 32500. On higher side 35100 and 36000 are strong resistance.
Markets might dip a bit more owing to higher than expected CPI and other macro factors. I started accumulation of quality banking stocks and will add aggressively only at 31000-32000 levels.
All About Indices - chart - 9209752