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Cdp22

Bank nifty reversal expected early next week

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Nifty Bank Index (NSE:BANKNIFTY)  
Cdp22 Diupdate   
NSE:BANKNIFTY   Nifty Bank Index
Trend Analysis BANKNIFTY
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trendanalysis banknifty
looking at the situation, fundamentals are not bearish but still we will see reversal due to overbuy observed in daily frame.
Technicals are supporting as well but too early to say the same.
Komentar:
well, it has worked!!
buying 39400 PE for 10th feb on that day would have resulted in more than 130% of profit
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