1)there is divergence between oscillator and price and cross over in oscillator.it is in oversold condition.
2)bank nifty has taken support at an important level.
3)however world indices indicating negative sentiment.
4)today's candle indicating selling pressure at high level.
5)one can go long with stop loss at today's low. which may act as important support.
2)bank nifty has taken support at an important level.
3)however world indices indicating negative sentiment.
4)today's candle indicating selling pressure at high level.
5)one can go long with stop loss at today's low. which may act as important support.