-IF we compare last 1 month chart of NIFTY50 and BANKNIFTY with last 3 months,
BANKNIFTY has started outperforming nifty50.
-BANKNIFTY is trading above 200 EMA now.
-It has given the breakout about its resistance levels of 23200.
-Time has come to invest in major private sector banks.
**These are my personal observations. Please trade at your own risk.**
BANKNIFTY has started outperforming nifty50.
-BANKNIFTY is trading above 200 EMA now.
-It has given the breakout about its resistance levels of 23200.
-Time has come to invest in major private sector banks.
**These are my personal observations. Please trade at your own risk.**
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.