‹ All Posts
Vimal K

6th Mar · SEBI-Registered Analyst

POST MARKET COMMENTARY - BANK NIFTY CHART ANALYSIS

Bank Nifty is Trading below the 20, 50, 100 - day EMAs. Recent break below the 100-day EMA and trendline break below the support confirms deep correction. We may see more downside if Bank Nifty Breaks below the 200 EMA 57,432.86. MACD Histogram below zero is also suggesting stronger down trend in coming days. Top Losers :

ICICIBANK
PNB
SBIN

#WatchOutFor#IndexStrategies#MacroViews#Post-ClosingCommentary#TechnicalViews
BANKNIFTY 05-MAR.png
967 likes·63 comments