Looks ripe for a significant correction on weekly charts.
HDFCBANK being the biggest contributor of the BANKNIFTY, the index should follow if this pans out.
With RBI policy meet this week and impending Gujarat election, it won't take much for hell to break lose.
I think it's very good time take profits off the table on bank stocks.
HDFCBANK being the biggest contributor of the BANKNIFTY, the index should follow if this pans out.
With RBI policy meet this week and impending Gujarat election, it won't take much for hell to break lose.
I think it's very good time take profits off the table on bank stocks.
