Bank Nifty Continues to Lead the rally

Starting December banking stocks are leading from the front, and there is a change in trend. Banks surpassed yesterdays high ahead of Nifty and the Rohits Momentum on hourly had a clear buy signal that did not whipsaw like it did on Nifty. Banks should continue to outperform the Nifty in the days weeks ahead and for 2022 as a whole in my view.
bankingBANKNIFTYbanksectorElliott WaveleadershipOscillatorsTrend Lines

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