Bank nifty - Technical view
Bank nifty - Technical view
Bank nifty is near strong supply zone
On 9th March 2026 we had a big gap down on nifty bank
this has become a supply zone
on 22nd April also we took U turn from the same zone.
Also bank nifty has run up a lot in last few days when compared with Nifty
Some cooling off we may see in bank nifty, but this will be buying opportunity.
Positive thing is we crossed RSI 60 on daily charts as well.
Sentiments are bullish now.
Stock on radar - FEDERALBNK
Near a good breakout zone
All this is for information.
This is not a buy/sell recommendation.
Thank you,
Technofunda24
#StockInNews#WatchOutFor
617 likes·28 comments

















