consecutive for the 2nd NR7 day for bank nifty.
most of its constituents too have narrow ranges.
huge move expected from bank nifty with in one or two days most likely tomorrow.
it has taken support at the uml as shown in the chart.
Bears anticipating great fall as USA market had declined on last Friday likely to be disappointed in coming days.
Earlier I had predicted PRZ for bank nifty, since that day much upside has already taken place
but the trend does not seem to be exhausted.
yesterday too in my post for nifty I had expressed doubt for any reversal for this uptrend.
in case of any long position stop loss should be 20926 which is last thursday's low if that is taken out short position can be initiated.
but be aware of market noises and adhere to strict stop loss as any adverse new may trigger its down ward movement.
please go through my earlier calls for bank nifty.
don't forget to like my post if it is helping you.
follow me to get updates
most of its constituents too have narrow ranges.
huge move expected from bank nifty with in one or two days most likely tomorrow.
it has taken support at the uml as shown in the chart.
Bears anticipating great fall as USA market had declined on last Friday likely to be disappointed in coming days.
Earlier I had predicted PRZ for bank nifty, since that day much upside has already taken place
but the trend does not seem to be exhausted.
yesterday too in my post for nifty I had expressed doubt for any reversal for this uptrend.
in case of any long position stop loss should be 20926 which is last thursday's low if that is taken out short position can be initiated.
but be aware of market noises and adhere to strict stop loss as any adverse new may trigger its down ward movement.
please go through my earlier calls for bank nifty.
don't forget to like my post if it is helping you.
follow me to get updates
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as after so much rise there is possibility of large move down side too,