aashu24ahuja

BANKBEES - Weekly

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NSE:BANKBEES   NIPPON INDIA MF
  • It seems, the trend in the banking sector is changing and money seems to be coming in.
  • It has closed above 200DMA, yet to give a close about 200WEMA
  • But over-all looks bullish, once can buy with stop below daily 200DMA
  • This is a positional bet, may work good for next couple of months.
  • Since this is a basket of stocks (an ETF) the risk is low compared to individual stocks.

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