Bank Nifty

Bank Nifty is down 11.84% in last three months .Bank Nifty is the Banking Sector Index of NSE.it covers  Banking sector trend and includes of 20 top banksInvestor who wants to invest in Banking sector but not the individual banking stocks can invest in Bank Nifty Index.it covers State Bank of India (SBI), ICICI Bank, Bank of India (BOI), Punjab National Bank (PNB), Federal Bank, Indian Overseas Bank (IOB), Punjab & Sind Bank, Allahabad Bank, Canara Bank, Dena Bank, Oriental Bank of Commerce, Vijaya Bank and Syndicate Bank from the public and private sector banks are currently trading at their 52-week lows and Bank nifty also loking on supprot level of 15887 and if it is broken then we can see the level of 14336.

So Bank Nifty Supprot are 15887 and 14336
and Resistence are 16983 and 17250

Let see, is it bottom out of Bank Nifty or we can see the more correction in downside.