Why Nifty is more bullish than the bank nifty
SEBI RA – Shubh Consultancy – Sunil Kotak – INH000015826
Why Nifty is more bullish than the bank nifty
This is weekly chart
For the nifty(attached)
Nifty has given a pattern breakout on weekly charts last week
We are now positive in terms of technical move
(Nifty bank not performing very well as we see Pvt. banks support is missing.)
Nifty on daily chart is also holding on to the RSI 60.
This range breakout now can lead to all time high on the nifty in next 3-4 months.
Sector in focus will be AUTO
Stock in focus JAMNAAUTO
All this is for information.
This is not a buy/sell recommendation.
Thank you,
Technofunda24
#WatchOutFor#StockInNews
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