Nifty Bank Index
Long

banknifty 39000 in view tomorrow?

61
Banknifty made a massive green followup candle and sustained a big gap up too. FII/DII net purchase of 2827cr propelled the markets to unexpected levels. Big news is that it sustained above the 50/100/200EMA level that it breached after 30 trading sessions yesterday.
Vix at 17.9 is attracting long term investment. PCR at 1.5 contra indicates a correction...lets see. SGX Nifty is indicating another gap up tomorrow. Let us see if banknifty can make yet another bullish candle before taking a breather. What do you think?

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.