Gaps - A Ray of Hope on Nifty and Bank Nifty
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The bulls have a ray of hope on Nifty and Bank Nifty as the indices have multiple support areas at 10DEMA and the gaps.
The levels of 20,900-20,950 on Nifty and 46,700-46,900 on Bank Nifty will be crucial. If bears take control below these levels, the bearish momentum may accelerate.
Nifty Daily Chart
Bank Nifty Daily Chart
Happy Trading!
