3 Reasons why the Nifty may perform better than BankNifty in the next few months
- Banks are relatively overbought - Esp ICICI, SBIN, Kotak, HDFC
- FMCG, Auto could help the Nifty outperform Vs Bank Nifty
- Bank Nifty has hit its life high and reversed - the Nifty still hasnt
Note
Apologies - around 3 minute mark, was showing the Nifty Heatmap - that shows that banking stocks are underpeforming the Auto, FMCG and Oil sector over 1 and 3 monthsTrade active
Nifty seems to be doing better than Bank nifty as of now - HDFC went up a lot and now got sold off to come back to the same level as a month or so backBest advice ever - Cut your position size by half.
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Best advice ever - Cut your position size by half.
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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.