Banknifty today looked very strong probably due to strong showing by almost all public sector banks and fuelled Nifty too. It finished as a strong full bodied green candle with higher high, higher low and higher closing price than yesterday’s candle. There is no selling area since BNF continued to rise. However, there is a buying area as indicated on 15 min chart. Please also check my youtube video under name Market Movers India for more exhaustive content.
All the best. Happy trading.
All the best. Happy trading.