- It seems, the trend in the banking sector is changing and money seems to be coming in.
- It has closed above 200DMA, yet to give a close about 200WEMA
- But over-all looks bullish, once can buy with stop below daily 200DMA
- This is a positional bet, may work good for next couple of months.
- Since this is a basket of stocks (an ETF) the risk is low compared to individual stocks.