pathiyil.praveen
Long

Bank Nifty: Ichimoku Analysis

NSE:BANKNIFTY   NIFTY BANK
286 1 1
Bank Nifty             is lagging Nifty             in terms of ichimoku structure on daily scale. Here in Bank Nifty             we can see that the prices are not within the cloud; making it more room to scale it up with that of Nifty             . Once Nifty             hits 8400 mark (that is upper boundary of the cloud); we could see correction or sideways action and I feel it is during this phase Bank Nifty             will match up Nifty             or as usual could also outperform Nifty             . i.e. Bank Nifty             could potentially close above the cloud well before Nifty             does.

Thanks for sharing the Bank Nifty chart immediately.
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