The weekly ratio of Bank Nifty to Nifty
The weekly ratio of Bank Nifty to Nifty, with a long-term symmetrical triangle pattern forming. The convergence of the trendlines suggests that the ratio is approaching a breakout point.
Upside breakout: This could indicate stronger relative performance by Bank Nifty over Nifty.
Downside breakout: May signal underperformance by Bank Nifty compared to Nifty.
Upside breakout: This could indicate stronger relative performance by Bank Nifty over Nifty.
Downside breakout: May signal underperformance by Bank Nifty compared to Nifty.
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