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vaibhavtodi
Mar 6, 2021 5:30 AM

Bank Nifty Breakout or Breakdown ? Short

Nifty Bank IndexNSE

Description

The Bank Nifty has been trading in a very particular range. The bears have cornered the bulls to their support range. Monday will be a breakout or either a breakdown. But adding all scenarios looks like a breakdown is more likely as bulls don't have any trigger but the bears have all the triggers in their favor. Weak INR against US Dollar, Rising crude plus negative sentiment of FII's and DII's. Let's see what happens.
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