Equity Research Report 28 August 2017 Ways2Capital.pdf
PATTERN FORMATION ( BANK NIFTY )
Detail of Chart -Technically Bank Nifty index is in formation of double bottom formation as
shown in the chart and positively holding above the level of 24380 it may trend up to 2448024530 level on the higher side in the short run. Banking index is also taking support at the
structural trend line finding support near 24220 level, a decisive break out below this level of
24220 banking index may drag to 24125-24060 in the short run.