Postmortem on Bank Nifty — 02 SEP 2022 — and Weekly Analysis

Bank nifty was in a stable range today, much different from the fireworks we have seen last 3 trading sessions. BN opened at 39422 and closed at 39375, the intraday high of 39595 and low of 39200. The first 5 minute candle was interesting, opened gap up and rallied close to 172 pts and then…