NIFTY AND BANK NIFTY ANALYSIS 28 NOV 2022
28 Nov 2022 2130 Hrs
1. US , Europe and Asia is looking strong.
2. Reliance is very bullish.
3. HDFC Bank is bearish to neutral while ICICI Bank is bearish.
4. SGX Nifty is indicating 34 points up @ 18690. This amount to 100 points up for bank nifty @ 43000.
Analysis
1. Nifty looks bullish due to reliance being bullish.
2. Bank Nifty remain bearish due to bearish outlook of HDFC Bank and ICICI Bank.
3. I will look to sell on rally in Bank Nifty and Neutral to bullish on Nifty if HDFC bank recovers.
1. US , Europe and Asia is looking strong.
2. Reliance is very bullish.
3. HDFC Bank is bearish to neutral while ICICI Bank is bearish.
4. SGX Nifty is indicating 34 points up @ 18690. This amount to 100 points up for bank nifty @ 43000.
Analysis
1. Nifty looks bullish due to reliance being bullish.
2. Bank Nifty remain bearish due to bearish outlook of HDFC Bank and ICICI Bank.
3. I will look to sell on rally in Bank Nifty and Neutral to bullish on Nifty if HDFC bank recovers.
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.