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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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.
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.