My view is short on BankNifty based on following analysis.
As per my observation Banking Sector looks under performing or weaker in comparison to Nifty .
Nifty after making a low 7511 on 24th March has corrected almost near 50%, whereas BankNifty is struggling to correct even 38%.
Also I have observed Bearish Reverse Divergences on Daily Time Frame before taking short position which is noticed in 4th wave.
My Entry is at Spot 21688
Stop at 21829
As per my observation Banking Sector looks under performing or weaker in comparison to Nifty .
Nifty after making a low 7511 on 24th March has corrected almost near 50%, whereas BankNifty is struggling to correct even 38%.
Also I have observed Bearish Reverse Divergences on Daily Time Frame before taking short position which is noticed in 4th wave.
My Entry is at Spot 21688
Stop at 21829
交易结束:到达目标
Closed the trade at 20100 Spot注释
Closed short position at 1st leg of 5th. Will short again for 3rd leg, will update.免责声明
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免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。