Nifty Bank Index
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banknifty- after 30 trading sessions, close above 50/100/200EMAs

48
banknifty is looking extremely positive now that it has closed above 50/100/200EMAs on the daily chart after 30 trading sessions. PCR is overbought, so some minor correction could follow, however the large bullish candle could see a followup on Monday. Vix is at 18.435, so long term investment money is likely to start flowing in. CPR is wide so we could see some sideways consolidation before a breakout. What do you think?

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.