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Sunil Kotak

27th Jun · SEBI-Registered Analyst

Nifty bank technical view on weekly charts

Nifty bank technical view on weekly charts SEBI RA - Sunil Kotak - INH000015826 Nifty bank Weekly chart After the trendline crossover we have seen a very good rally in the nifty bank Nifty bank can now move towards 60200 very soon in next 2-3 weeks Momentum is good as we are above 60 RSI on daily charts When overall on a economy level things improve than banking is the first to move. Gold imports will reduce as gold prices is down substantially. Crude import will reduce as crude prices are down substantially. 57600-57700 major support We are bullish till the time we hold onto the above level Stock to keep on radar $FEDERALBNK All this is for information and learning. This is not a buy/sell recommendation. Thank you, Technofunda24

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