We all knows that Nifty hit a fresh 52 week high during the last week, but Bank Nifty failed to perform accordingly. While going through daily / weekly charts we found that Bank Nifty still has potential to move higher in coming days. Government has also started injecting money in PSU banks with its yesterday announcement in which 3 PSU banks (Bank India, Dena Bank & IDBI) received nearly 5000 crore. As per charts immediate support looks at 25350-275 and resistance @25760-26180, below 25250 target can be 24800-24400.Have a look at chart :
