BANK NIFTY major move expected,inside bar and NR7.
has been trading in congestion area.
stochastic is in over sold condition and cross over seen there.
has been struggling near the resistance line and trading below 20 dma.
where as nifty has recovered its 20 dma bank nifty has yet to do that,
its break out expected .support and resistances have been drawn on the chart
after studying it carefully
I expect up move of bank nifty from here
main major task for it to recover 20 dma.
once it closes above 20 dma its upward journey may be ensured.
don't forget to like my post and follow me to get such updates
stochastic is in over sold condition and cross over seen there.
has been struggling near the resistance line and trading below 20 dma.
where as nifty has recovered its 20 dma bank nifty has yet to do that,
its break out expected .support and resistances have been drawn on the chart
after studying it carefully
I expect up move of bank nifty from here
main major task for it to recover 20 dma.
once it closes above 20 dma its upward journey may be ensured.
don't forget to like my post and follow me to get such updates
