bull run in major index still intact Bank nifty bull run is still intact digesting all bad news in the month of feb in indian markets about adani and more nifty and banknifty has held major supoorts and bounced from right levels pure bullish above 42830/42850 levels in spot 40450 area now becomes major support area not expecting any big move on any side however at this time but i think markets are building strength for the next upmove however at these kind of times major support levels will be tested and base building is being done many bad news have been digested at higher levels i am buyer till 40000 is holding and will add above 42850 levels
big sharp move on up side is possibility i believe there is a 25% chance that previous will break once majority people get bored in the markets and markets will give chance to buy with sharp up moves however if banknifty trades above 42850 cash levels u can expect that to happen till then wait
