Bank nifty future ended with fresh all time closing high in last week. Declining September inflation numbers build some hope of decreasing interest rate by RBI which boosts the sentiment in banking sector. Last week bank nifty closed at 16,483 with a high of 16,632 with percentage change of 3.10%. For this week bank nifty is having the resistance of 16650 and above this level next resistance of 16900 and in down side having the support of 16100 and next support of 15750.
BULLISH TREND BUY on dips till market closes below the level of 15500 .
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