BANK NIFTY on the verge of taking out the resistance.
Had you gone through my posts of yesterday?
Had predicted the range expansion of nifty and uptrend of bank nifty.
It appears bank nifty may take out the resistance line to touch the 20 dma.(20 dma shown in the chart)
Look at the stochiastic it is supporting it.
divergence between the price and oscillator(angle between the lines)
and fii has turned in to net buyer today.
I am not telling that bank nifty will run away from here.
from yesterday's post one is still pending.
adani today didn't break 2319.
Don't forget to like my post.
follow me to get updates.
Had predicted the range expansion of nifty and uptrend of bank nifty.
It appears bank nifty may take out the resistance line to touch the 20 dma.(20 dma shown in the chart)
Look at the stochiastic it is supporting it.
divergence between the price and oscillator(angle between the lines)
and fii has turned in to net buyer today.
I am not telling that bank nifty will run away from here.
from yesterday's post one is still pending.
adani today didn't break 2319.
Don't forget to like my post.
follow me to get updates.
