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Bank Nifty up this will n has to go up. Along with RBL n others. But do not short sell
It is an excellent scrip. But overall BN n financial scrips r weak.. The reason cud be any. But it gives a beautiful movement of 500p in a single trading session. One move of 800 points on Bank Nifty it will go up n up
Identify the day type for BankNifty (Trend following or Mean revert) based on the Open interest build up. Dissection of how the blow out moves are generated in BankNifty options closer to the expiry from @indian_stockss Book - code- BIG32 for 32% off
The rollover in the Nifty is at 70.6 percent which is lower than its average of 76 percent. The rollover in the Bank Nifty is at 79 percent versus its average of 77 percent.
You Started To Buy Banknifty at 22500 2 weeks back for quick gains of 500-1000 pts Instead it starts to go down You start to average down It fail 2000 pts to 20500 & your average cost is 21500 It's been painful to hold What will you do once it reaches back to 21500? #AVWAP
BankNifty Monthly Close must stay above April20 high of 21535 on 30Sept20. . If not we may see a slip to level 18959 or even worse in the coming months. . 5:59
#Banknifty looking good for 21500-21600 in next 2-3 sessions Convergence of #Trendline #Mean #Avwap Bhaloo Log 🐻 Darne ka nahi.. Apna #Stoploss De Deneka