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Mridu_A
May 27, 2020 1:05 PM

Pair - BankNifty, Nifty Education

BANKNIFTY/NIFTYNSE

Description

The pair chart formed bullish crab pattern with PRZ (1.618 XA) at 2.020, stop loss at (2.00 XA) 1.870.
It has confirmed bullish RSI divergence.
A failed breakdown from 2016 lows of 1.942.
As long as prices are above 1.942, the ratio looks set to revert to 2.280
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