BANK NIFTY | REVERSAL | LONG
BANK NIFTY has been forming Higher Lows since Jan last week.
Each time the price breaks down from the Weekly Support, there is instant buying.
This is indicative of the fact that there are Buyers.
A Long Swing position can be taken on Bank Nifty preferably for the March series considering the fact that there are only 5 trading sessions left until Feb series expiry.
Main contributors towards this rally could be HDFC BANK & AXIS BANK.
As per my analysis, BN could test 50,750 levels in the coming week.
Each time the price breaks down from the Weekly Support, there is instant buying.
This is indicative of the fact that there are Buyers.
A Long Swing position can be taken on Bank Nifty preferably for the March series considering the fact that there are only 5 trading sessions left until Feb series expiry.
Main contributors towards this rally could be HDFC BANK & AXIS BANK.
As per my analysis, BN could test 50,750 levels in the coming week.
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.