BSE is trading at All Time High. The reason behind rally is increasing revenues from Derivatives segment of Sensex and Bankex. Since the launch of derivatives contacts of Sensex and Bankex, the volume in both are continuously increasing. One more news coming that BSE and NSE is going to extend Derivatives trading time. Which could lead to further increase in new...
This is 1 hourly chart of Bank Nifty with EMA of 50 & 100. Currently it is trading at 48520 and is almost ready to break All time high. I'm expecting that it want continue to run after touching All time high. If Banknifty open's gap up with minor 100 points then I'm expecting that it will test Resistance. It can come down to 48200 level for the day. Basically...
Bull run is about to end in this stock! Get ready for short sell opportunity at any time. ALL THE BEST ;-)