Banknifty had breakout above 43200 and looking strong with raising volume and sustaining above 43500 on Dec 9 Friday closing
Looks bullish yet there needs restest around 42800 ( previous resistance)
2023 Jan we can expect a restest on lower levels and then pull back on the bull run
This is my view based on not just the index technicals also the banks sector which looks bullish on coming weeks
Looks bullish yet there needs restest around 42800 ( previous resistance)
2023 Jan we can expect a restest on lower levels and then pull back on the bull run
This is my view based on not just the index technicals also the banks sector which looks bullish on coming weeks
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.