US10Yrs. Bond Yield parallel channel. Nifty up move confirmation
US Government 10Yrs. Bond Yield trading in parallel channel. After fake break out it come down in channel again. As per chart it may correct up to 4%,3.79% and 3.06% level soon.
It has inverse relation with index, so nifty and bank nifty may give good up move in next 2-3 months as both charts suggested also the same.
It has inverse relation with index, so nifty and bank nifty may give good up move in next 2-3 months as both charts suggested also the same.
Trade active
If it not come down in channel again market will face more correction. It will create strong bearish sigh on chart. work accordingly. 
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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.