Bank Nifty closes with a loss of 0.38% - Angel Broking

On Tuesday, Bank Nifty opened on a flat note unlike our benchmark indices and traded with extreme volatility throughout the session to close with a loss of 0.38%.

From the past few sessions we are witnessing that the index is trading in a narrow range of 12330 - 12680. Only a break of the mentioned range on either side will trigger strong move in Bank Nifty.

In view of the 'RBI' monetary policy on Friday we expect the index to be highly volatile over the next two sessions. Thus, traders are advised to trade with strict stop losses.

Source : Equity Bulls

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