Nifty Bank IndexUpdated Banknifty bubble or bullish
Banknifty is making a wide bull spread like most of the bank chart. It grasped three days selling in a day.seems like highly bullish but it smells like something bigger is coming , market may reverse soon. Banks seems have fuel for 15-20 % upmove before they make reverse so banknifty. Notice banks bob , idfc, canara most of are making same candles with volume. So play with small bet. Just my observation(i may be wrong or right )
Note
and here it is , reverse came
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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.