Nifty bank technical set up
Nifty bank technical set up
1) We closed above 55500 on daily chart
2) Nifty bank sentiments are bullish now
3) nifty bank from 1-hour to 4-hour all RSI above 60
4) bank nifty sentiments are more bullish than the nifty - Stock on radar CUB
5) also, it closed above SMA 50 on daily charts
6) 55100-55300 is major support zone for now
7) On the upside 56100-56200 is major supply zone for now
All this is for information.
This is not a buy/sell recommendation.
Thank you,
Technofunda24
#TechnicalViews#WatchOutFor
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