Nifty Weekly View
Nifty traded lower for the third consecutive week as increasing tension talks between US and China trade war, rupee's fall and narrowing the current account deficit, failed to cheer investors to boost up the sentiments. Nifty closed around 20 Exponential moving average which depicts bears overpower bulls.

Bank Nifty Weekly View
Nifty Bank traded lower too which confirm selling as the profit booking amid geopolitical tension kept the banking stocks in jitter too.Nifty bank ended the week to settle at 25596.90 .It looks weak on daily and weekly chart both as close below the support level may drag it down to test the support level of 25225 and immediate resistance mark is 26000.



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