*NIFTY BANK -* ▪After a eventful week and having W pattern breakout registered in Bank Nifty, Banks would head towards 51670 soon. ▪We have a support of 49650 and that was the support resistance on which we are standing at the movement. We are likely to see retesting 49650 and then ramping up to 51670 soon. ▪Short term bottom has been formed in Bank Nifty. Advised to avoid any fresh short and also to average out Bank Nifty index fund in your Mutual fund portfolio.