BankNifty @ 8000
Fundamentals -
1.. High Deposit Rate, Low Credit Growth
2.. NPA Crisis
3.. Low Intrest Rate = Low NII
4.. Scams in Banks
5.. Property Rates Going Down
6.. Global Sell Off Imminent
Technicals -
1.. Second Mountain + Head & Shoulder in Weekly
2.. Magnet Crossing Below
1.. High Deposit Rate, Low Credit Growth
2.. NPA Crisis
3.. Low Intrest Rate = Low NII
4.. Scams in Banks
5.. Property Rates Going Down
6.. Global Sell Off Imminent
Technicals -
1.. Second Mountain + Head & Shoulder in Weekly
2.. Magnet Crossing Below
Note
BankNifty/Nifty Just Broke Below
_AR_
_AR_
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