Bank Nifty - Technical view
Bank Nifty - Technical view
1) Chart attached in media
2) This is weekly chart
3) Technical bias for Bank nifty is better than the nifty as Bank Nifty is still above SMA 50 on daily charts
4) Rate cut has boosted the Bank Nifty - Stock on radar HDFCBANK
AXISBANK
5) Commentary was positive from RBI Head
6) Already Trump Government has announced 90 days breather for tariff.
7) We will see gap up opening tomorrow for 3-4 %
8) Strong supply 52100
9) Lets see how it goes on Friday now.
Thank you,
Technofunda24
#Today’sTradingSetup#TechnicalViews

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