Nifty Bank IndexShort
SHORT : BANK NIFTY
1. BN LOOKING weak on hourly ...
2. last 2 times when BN started its short term downtrend there was RSI divergence ...
3. this time a very very small divergence is there..
4. BN trading below 20 MA ...
below 24750 it can go to 24450 levels ....
OI data also showing weekness...n so is PCR at 25k levels....
Disclaimer : Bias view as might be short in BN
2. last 2 times when BN started its short term downtrend there was RSI divergence ...
3. this time a very very small divergence is there..
4. BN trading below 20 MA ...
below 24750 it can go to 24450 levels ....
OI data also showing weekness...n so is PCR at 25k levels....
Disclaimer : Bias view as might be short in BN
Disclaimer
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.