shiv2798

Bank Nifty all time High

NSE:BANKNIFTY   NIFTY BANK
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You can notice the Price action from 2009 after a world wide Market Correction , It started increasing gradually , and started sloping up ward, in 2013 the Market took up with more push and started New up ward thrust , Which eventually failed to hold higher high in 2015 and came down and took a time of 1 Year to settle down , again a new Hope started pushing the price in up thrust but this time it was higher angle of inclination towards up ward , Normally it is an excitement which creates this kind of angle of deviation or imbalance of demand and supply , Further the price did not make much pull back and in-stud it went straight up thrust and i call this is danger Zone , because we hardly find any pull back , we have to face gap down in any small even of bad results or Economic disturbance so who is still expecting the price will hold , i can name him as Grate Warrior of Bank Nifty
This is my personal conclusion , Many have different views , but i believe what i see in the price action
Regards
Jul 22
Trade active: I am holding form 18200 , till date i did not find the week trend to exit ,
even this monthly chart says its still strong ,
So lets see what happens
Regards

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