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bijoy2526
Sep 29, 2022 6:15 PM

BANK NIFTY catch the trend . 

Nifty Bank IndexNSE

Description

Of course with me.
It is coming down rapidly.
Huge selling being observed throughout.
When bank nifty was at 41405,I had suggested probable
target 40080,To my surprise it was achieved soon.
Bank nifty still trading above 200 dma and 20 period weekly moving average.
It may touch them soon.200 dma is at 36592 and 20 period weekly moving average is at 36817.
please watch for these levels.
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Comments
dg1342
Sir, great analysis. So should we buy banknifty once it reaches 36600?
bijoy2526
@dg1342, let it reach there.
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