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Nifty Bank Index
Long

Traveling inside the channel - Banknifty analysis

135
BANKNIFTY clearly underperforms NIFTY. In order to outperform the price has to come out of the channel and sustain above its immediate resistance (ATH). Its good to initiate long if the price action shows some bullishness when the price touches the channel bottom.
UnknownUnicorn20734830
BANKNIFTYChart PatternsTrend Analysis

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.
BANKNIFTYChart PatternsTrend Analysis
UnknownUnicorn20734830

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.