#Nifty50 yet again performed better than #banknifty today. This is typical behaviour which we have witnessed for quite some time now.
To show you the extent of divergence, Nifty's hourly RSI is 60+. Banknifty's is below 40.
The main culprit for this were the HDFC twins along with Kotak Bank. They might be looking for a trigger for added momentum which has the potential to pull Banknifty by 700-800pts.
Also, a new addition in this video is the stock analysis of all major Nifty and Banknifty stocks.
Important Nifty levels and Banknifty levels for tomorrow:
Levels for Nifty: 15,590, 15,620, 15,660, 15,733 --- 15,750....15,986
Levels for Banknifty: 34,640, 34,800, 35,011 --- 35,250, 35,340, 35,400, 35,529,
What's your nifty prediction banknifty prediction for tomorrow? What was your nifty banknifty trading like? Let's chat in the comments :)