Bank Nifty And Nifty 50 Trying To Defend Their Level
On November 8, Bank Nifty and Nifty 50 continued their decline, forming a bearish candlestick pattern for the second day in a row. This suggests bearish momentum, with the index falling below its short-to-medium-term moving averages—a negative indicator of market sentiment. The Nifty closed 51 points lower at 24,148, while Bank Nifty dropped 355 points…