NIFTY SAR at 5329

Nifty SAR for today is 5329. Bank Nifty is still hesitant.

BankNifty below its SAR

Bank Nifty has opened below its SAR (10070). Bank is not showing any strength.

NIFTY SAR at 5305

NIFTY has crossed 10,20,50d EMA convincingly. NIFTY SAR now stands at 5305, so hold it till it remains above the SAR. Bank Nifty closed just below its 20D EMA.

Bank Nifty Chart

Bank Nifty has bounced from the trendline in todays opening trade and has given a gap-up opening. A clear buy signal.