NIFTY AND BANK NIFTY ANALYSIS 11 NOV 2022
11Nov 2022 0900 Hrs
1. US has opened almost 5% up based on apple quarterly result.
2. The same is not reflected in Europe and Asia as they have opened 2.5-3% up.
3. HDFC Twins are looking very strong and ICICI Bank has bounced back as expected.
4. IT stocks may take clue from US tech stocks and bounce back. Reliance is weak with 2 days of under performance.
5. India VIX is at 15.5 indicating bullishness.
Verdict.
1. I will not be a buyer in either bank nifty or nifty after a record 300 and 900 points insane gap up.
2. I will wait for a dip or consolidation before buying. HDFC Bk will be a good buy.
1. US has opened almost 5% up based on apple quarterly result.
2. The same is not reflected in Europe and Asia as they have opened 2.5-3% up.
3. HDFC Twins are looking very strong and ICICI Bank has bounced back as expected.
4. IT stocks may take clue from US tech stocks and bounce back. Reliance is weak with 2 days of under performance.
5. India VIX is at 15.5 indicating bullishness.
Verdict.
1. I will not be a buyer in either bank nifty or nifty after a record 300 and 900 points insane gap up.
2. I will wait for a dip or consolidation before buying. HDFC Bk will be a good buy.
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。