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BANK NIFTY CHART VIEW FOR 21/10/24 Friday's up move was possible due to BankNifty only. Bank Nifty had crossed 10-50-100 DMA at a time in one green candle as marked on chart. Only hurdle of 20 DMA 52400. If able to cross, ATH will be on card. If rejected, 51000/50500
NIFTY CASH CHART VIEW FOR 21/10/24 Nifty had bounced from the level of 24567 very near to 100 DMA (around 24510). But could not cross 50 DMA again. Closed below 25000. Either Gap up or strong reason is required to cross 25000 & 25200. Up move possible only abv that. Support as usual 24400-600