“If Nifty Bank (निफ्टी बैंक) manages to stay above the previous high of 44151, it is likely to move toward the 44444 and 45000 levels. On the downside, the rising 20-day moving average (DMA) offers a robust support level, currently located at the 43000 level, and is expected to counter any potential pullbacks. It is worth noting that a significant profit booking may only occur if the index falls below the 20-DMA,” said Pia Chauhan, Head of Research, Gold Silver Reports (GSR).
Nifty Bank may move toward 44444 and 45000 levels
