Nifty Bank: Key levels to watch out for on Thursday

It formed a small Bullish candle on daily scale but broke its higher lows formation of the last five sessions. Now, it has to cross and hold above 39,500 zones, for an up move towards 39,750 and 40,000, whereas supports are placed at 39,250 and 39,000 zones.

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Our selection criteria focused on stocks with a market capitalisation below Rs 1,000 crore, a share price under Rs 20, and a minimum trading volume