BankNifty Analysis — Stance Neutral ➡️ The show on BankNifty was sponsored by HDFC Bank which had its quarterly results declared over the weekend. The sharp gap-up opening and then falling to close the gap were all attributed to the price action of HDFCBK. Despite the elephant losing 1.25% today, BN managed to close in strong GREEN. BN also managed to defend...
NASDAQ:NDX NDQ long in the short run can take a long run for next one day or two. Keep small SL due to volatility.
With this trendline break, NASDAQ has clearly shown that more upside is pending. I would not be surprised if is reach 14,500. May even test the ATH? Who knows? But definitely setup looks good for bulls
if it breaks 14515 with green strong candle target 14856 if it breaks 14348 with red strong candle target 14138 Bullish RSI ADX increasing
Pull back Reversal Slowly going Downtrend Adx RSI Volumn ALL SELL INDICATIONS
Double Top Sells and Profit Booking Done Build Up RSI Activated ADX Going Up