Bank Nifty Future
Bank Nifty Futures
The chart is clearly in a downtrend and is showing weakness.
However, RSI shows a clear bullish reversal and we are talking about bank nifty here so 1 strong candle has the power to change the trend.
My suggestion is Buy!
CMP: 36592.00
SL: 36200.00 (intraday / closing)
Target 37500.00 & 37750.00
The chart is clearly in a downtrend and is showing weakness.
However, RSI shows a clear bullish reversal and we are talking about bank nifty here so 1 strong candle has the power to change the trend.
My suggestion is Buy!
CMP: 36592.00
SL: 36200.00 (intraday / closing)
Target 37500.00 & 37750.00
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