Sensex extends rally to fifth day, ends 486 pts up; SBI, Axis Bank zoom over 5% | News on Markets

Sensex extends rally to fifth day, ends 486 pts up; SBI, Axis Bank zoom over 5% | News on Markets

3:44 PMTech View :: Key levels to watch on Nifty, Bank Nifty
Nifty50
The hourly momentum indicator has triggered a positive crossover which is a buy signal and, thus, we expect the positive momentum to continue over the next few trading sessions. On the upside, the next immediate hurdle is placed at 22,776. The stop-loss for long positions should be trailed at 22,430 levels which is the 20 hour moving average. 


Nifty Bank

Going ahead, we expect the momentum to continue and minor…
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