BANK NIFTY risk averted to some extent.
On Friday bank nifty has closed below 5 dma.
But to day it has closed above 5 dma
It has outperformed nifty and nifty IT.
whenever nifty IT perorms on that day nifty too out performs banknifty..
But today was the day of bank nifty.
It has now touched the line of the diogonal line.
it may take out the line of diogonal tomorrow.
next possible target shown in the chart.now 43335 will act as strong support
in case of any gapup tomorrow.
Do follow me to get updates.
Don't forget to like this post.
But to day it has closed above 5 dma
It has outperformed nifty and nifty IT.
whenever nifty IT perorms on that day nifty too out performs banknifty..
But today was the day of bank nifty.
It has now touched the line of the diogonal line.
it may take out the line of diogonal tomorrow.
next possible target shown in the chart.now 43335 will act as strong support
in case of any gapup tomorrow.
Do follow me to get updates.
Don't forget to like this post.
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