Though there is underperformance from Bank Nifty, but looking at the overall structure and the way largecap banking stocks are placed, we believe that Bank Nifty will also catch up from this underperformance and we may see another round of rally in Bank Nifty also.
Tech View: Minor pullback rally likely in Nifty, crucial resistance at 24,750. How to trade on Monday
Tejas Shah, Technical Research Analyst at JM Financial & BlinkX, noted that Nifty has support at 24,100 and 24,000, with immediate resistance at 24,450-500 and