Quite similar to Nifty Index, Bank Nifty index has taken support at the same post budget gap up zone. Buyer strength shown in both index can be identified has good bounce back in the coming days for the Indian markets.
Catatan
BNF has closed just above BUDGET GAP UP ZONE. It is still at an important level.
Catatan
Banking Sector has been heavily beaten down. Looking for a recovery.
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