BANK NIFTY has broken the 8 month old trendline on the upside with gap, which is a strong sign of upside movement.
Broadly Banking stocks look very bullish and the same is visible on Bank Nifty charts.
Looks good for fresh long.
Note: In short term, this looks over bought so may trade sideways for some sessions or minor correction may be seen too.
Broadly Banking stocks look very bullish and the same is visible on Bank Nifty charts.
Looks good for fresh long.
Note: In short term, this looks over bought so may trade sideways for some sessions or minor correction may be seen too.