By a staff reporter:
The Bank Nifty opened positive at 36807 and gained further to hit the day's high of 37124 but failed to hold on to those gains amid last hour sell-off and touched the day's low of 35926.
Bank Nifty formed a bearish candle and closed 387 points lower at 36342.
Till it holds below 36500 zones, weakness can be seen towards 36000 and 35500 levels, whereas hurdles are placed at 36800 and 37000 levels.
On the Upside :- Bulls need to move above 36500 for a move towards 36666-36800-37000.
On the down side :- Bears will get active below 36300 for a move towards 36150—36000 & 35777.
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Source : Eureka
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