 "The momentum indicators and oscillators are also very much in the buy mode")
BUY BANK NIFTY | TARGET: 24,800 | STOP LOSS: 23,800
The Bank Nifty index outperformed in the previous trading session and formed a bullish candle on the daily chart. It has surpassed its previous double top pattern at 24,200 levels which hints of a fresh momentum on the higher side. A fresh put writing at 24,000 strike indicates that put writers are shifting the base higher and we might see further upside move on the back of a short-covering rally in the coming days. The momentum indicators and oscillators are also very much in the buy mode on the daily as
