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Bank Nifty caught between rock and a hard place; 21-EMA is crucial!
Bank Nifty caught between rock and a hard place; 21-EMA is crucial!

Bank Nifty caught between rock and a hard place; 21-EMA is crucial!

Bank Nifty took support at 21-EMA for the day, which is placed at 33,815. A decline below this will be negative for the index.

Karan Dsij Article rating: 5.0

After a solid start, Bank Nifty registered an intraday high of 34,361; however, it fell from grace and declined sharply by 600 points from the day’s high.

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