According to VLA Ambala, Bank Nifty is likely to trade in the 53,700 to 52,500 range within 2–5 days. “The index’s RSI readings were 69 on the daily, 66 on the weekly, and 70 on the monthly ...
For the week, the Nifty is now up over 2% and is poised for its best weekly performance since June. The index is also set to gain in four out of the last five weeks.