Nifty Bank IndexShort
Go Bullish on BANKNIFTY above 48,600 only
Many will try to take a reversal trade in BANKNIFTY given that:
1. It has fallen so much
2. The inflation data has come out mildly positive for the market.
Please remember that it might be a temporary bounce. We will go bullish only above 48,600.
Till then, it is a 'sell on rise' market.
1. It has fallen so much
2. The inflation data has come out mildly positive for the market.
Please remember that it might be a temporary bounce. We will go bullish only above 48,600.
Till then, it is a 'sell on rise' market.
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.
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.