with both private sector banks and beaten down public sector banks participating further upward movement expected. beaten down public sector banks like Can-bank sbin seems to be bouncing. for both hdfc and hdfc bank may rise further(NR7days for both) both icici bank and axis bank exhibiting reversal candle. today' s low should be stop loss for any long position. and targets obvious from the chart.
Komentar
as bank nifty has risen much from its low level probability of pullback is there. hence one should not go long if there is gap up. buy on dip strategy should adopted
Komentar
like my post if it helps you. follow me to get such updates
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.