Nifty Bank Breaks Out Above 56,100: Is Nifty 50 Next?

Nifty Bank index has made the expected breakout above 56,100. But #Nifty on the other hand is yet to see this breakout. The breakout on the Nifty Bank index has opened the doors for the index to rise more. That in turn can aid the Nifty 50 to make the bullish breakout of its current range and move higher going forward.

Nifty is expected to break 25,100 and rise towards 25,800.

Nifty Bank index can rise to 58,000 and 59,000

BL Portfolio: https://www.thehindubusinessline.com/portfolio/

Write to the following email ids for any queries on

1) Futures & Options (F&O) : derivatives@thehindu.co.in

2) Technical outlook on the specific stocks: techtrail@thehindu.co.in

3) Mutual Funds: mf@thehindu.co.in

4) Investments, Personal finance: blportfolio@thehindu.co.in

SOCIAL MEDIA HANDLES

Facebook – Blportfolio

https://www.facebook.com/profile.php?id=100086211032670

LinkedIn – BL Portfolio