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Bank Nifty bounced exactly from the trend line
Nifty Bank Index
Bank Nifty bounced exactly from the trend line
By BharatAsani
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Updated
Dec 28, 2022
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Dec 26, 2022
Bank nifty showed a bounce from the trend line despite low volumes today. Buy's(on dips) can be taken if it continues to show bullish momentum.
Dec 27, 2022
Trade active
Bullish momentum seen & trade is active it still remains a buy on dips, today it dipped to 42394(days low) & then started going up from there.
Dec 28, 2022
Note
Momentum seems to be slowing down as today it failed to close above yesterday's high. Still no reason for a change in bias.
BANKNIFTY
bankniftyanalysis
Trend Analysis
Trend Lines
BharatAsani
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