Silver rallies look like fake and could fall steeply if it fails to rise above $18.5 in near short term. This is the same time some videos were published by Robert Kiyosaki on May 22nd, 2019 where he believes silver will go up. There are many other people propagating the same ideas trying to boost up silver which actually happened but failed to go past $18.5 or...
The last time Bank nifty has 4 days of contious gains was in March last year. The signifnace of this times rally is it comes from bottom of bollinger band and we may see consolidation either tomorrow or monday.
Bank nifty looks very weak on hourly chart and was dragging in the last 4 hrs of 4th feb compared to 3rd feb. It may be difficult to sustain the upward momentum today.
Bank Nifty daily chart has had 6 red candles for only 3 times in 6 consecutive sessions in the last year. Every time it has come back in green, looking forward to a bounce back on Monday or Tuesday.
