BANK NIFTY: Bulls take Charge

BankNifty makes new highs on back of a fundamental trigger that SBI has cut savings bank rate for deposits below 1 crore. This can be a positive trigger for the stock in the short run; thus changing the underlying tone of BankNifty in the short run.

BankNifty Target: 25276 with stop below 24890

Operación activa:

Initiated longs with stop below 24890