On daily charts, Nifty Bank formed a bearish engulfing pattern. A close below 44,900, which is its 200-DMA, will technically land the banking index in the bearish territory
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.