BANK NIFTY closes above 20 period weekly moving average.
As expected yesterday,Bank nifty has managed to close above
20 period weekly moving average,also attempting to cross the weekly
trend line shown in the figure.
stochiastic was in over sold condition yesterday but not today.
it seems the outperformance of bank nifty will continue
and next task beforee it to over come next pivot which is at 36129.
This is my analysis not any trading recommendation.
Don't forget to like this post.Follow me to get updates.
20 period weekly moving average,also attempting to cross the weekly
trend line shown in the figure.
stochiastic was in over sold condition yesterday but not today.
it seems the outperformance of bank nifty will continue
and next task beforee it to over come next pivot which is at 36129.
This is my analysis not any trading recommendation.
Don't forget to like this post.Follow me to get updates.
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