Bank Nifty Future
Bank Nifty Futures
The chart is clearly in a downtrend and is showing weakness.
However, RSI shows a clear bullish reversal and we are talking about bank nifty here so 1 strong candle has the power to change the trend.
My suggestion is Buy!
CMP: 36592.00
SL: 36200.00 (intraday / closing)
Target 37500.00 & 37750.00
The chart is clearly in a downtrend and is showing weakness.
However, RSI shows a clear bullish reversal and we are talking about bank nifty here so 1 strong candle has the power to change the trend.
My suggestion is Buy!
CMP: 36592.00
SL: 36200.00 (intraday / closing)
Target 37500.00 & 37750.00
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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.
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.