By Debdeep Gupta | 31 May, 2024
Trading Plan: Will the Bank Nifty continue to outperform Nifty 50 ahead of exit polls?
The benchmark Nifty 50 fell for the fifth consecutive session on May 30, the monthly F&O expiry day, losing nearly a percent. However, it managed to hold the 20-day SMA as well as the 50 percent Fibonacci retracement level (from 21,821 to 23,111) at close. Generally, these levels play a crucial role in support. If the index rebounds from here, the 22,700-22,800 range may act as a hurdle on the hig...
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