As we can see BANKNIFTY is just couple points away from its ATH mark as we had been analysis since last posts. Now any strong opening will bring up new ATH for BANKNIFTY. Now the question arises whether BANKNIFTY can hold its level or not! If YES which has majority changes as the election is coming and the most obvious news is yet to be factored in, then we can see 50000++ in coming few weeks too so plan your trades accordingly
In the weekly chart of banknifty the RSI shows bearish divergence but in the short term the strength of bullish trend is high. which one to consider? any suggestions?
but in the short term the strength of bullish trend is high. which one to consider? any suggestions?