Nifty Bank looks headed for bullish reversal towards 52,500: Rupak De

July 29, 2024

Nifty had a decent rally on Friday following a period of downward consolidation in the previous few sessions. The index sustained above the 21 EMA at closing, setting the stage for solid gains in the near term. Banks, which had not been supportive in the last few sessions, came in with their full support.

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