sravanreddy.226

BankNifty - First hour analysis

NSE:BANKNIFTY   NIFTY BANK
After the first hour completion in BankNifty , The following things are noted for today.

1. Volumes are greater than previous day - Suggests some interest from long time-frame participants.
2. Positive cash flow is slightly greater than Withdrawals.
3. Free Float capitalized weightage - Negative and Positive are at the same point.

Overall view - MP suggests that VALUE of BankNifty seems to be Increasing.

Any doubts please reach out to me.
SHOULD BE BOUGHT ABOVE 27040
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