Nifty saw an interesting finale to the week by hitting an ATH, closing above the previous ATH too. Banknifty trend appears bullish because it's moving within a bullish channel, even though it continues to underperform Nifty by a fair margin. Nifty sustaining above prev ATH is a very bullish sign. Banknifty has sustained 35,000 levels after a retest, too. VIX ended -12.6% and showed us the first sustained close below 18!
Important Nifty levels and Banknifty levels for next week:
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.