Wealthcam

IS BANKNIFTY READY FOR ITS ALL TIME HIGH..?? ( EXPIRY SPL )

NSE:BANKNIFTY   NIFTY BANK




though banknifty has made a rally showing its strength to which SBIS's result acted as a catalyst to the bull run

this made banknifty much stretched while NIFTY remained consolidating

now banknifty tradinng at very crucial levels as 36250-36500 has acted as an important resistance that must be noted as multiple rejections has been previously

SINCE BANKNIFTY IS STRETCHTED NOW, IT IS NOT EXPECTED TO REACH ATH AT ONE GO, SO A PAUSE BEFORE THE CONTINUATION IS EXPECTED

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