Nifty Bank IndexLong
BANKNIFTY long
This is strictly short term.
The price action is oversold as seen in hourly RSI and the price is touching 200 MA at the moment.
It's reasonable to expect a bounce back to 24500 levels in next session or two. But once again, this is very short term.
The price action is oversold as seen in hourly RSI and the price is touching 200 MA at the moment.
It's reasonable to expect a bounce back to 24500 levels in next session or two. But once again, this is very short term.
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.