BANKNIFTY has been underperforming since last 3 months while NIFTY is making new highs ,now as there is a new buzz around PSU BANKS
Even though banknifty has been making a ascending wedge,banknifty is trying to break 35400 levels
while overall global markets are making higher highs, lets hope the FED data from US would give a run for BANKNIFTY to achieve.
Open to critics.
Even though banknifty has been making a ascending wedge,banknifty is trying to break 35400 levels
while overall global markets are making higher highs, lets hope the FED data from US would give a run for BANKNIFTY to achieve.
Open to critics.
Comment:
Downwards trend line is acting as a support for BANKNIFTY.