Nifty Bank IndexLong
Why one should add longs/invest in banknifty!!
The banknifty has exited its rectangle channel pattern at the end of a volatile week.
After today's amazing run, especially in PSUs, one might add long by keeping the SL of 42800 in the Banknifty.
A strong surge is expected in the next few days because all the good and large banks are supporting this movement.
Bankbees can be purchased to ride the rally🚀. (Recommended)
One can choose to go with options and futures as well, but the risk is also very big there, so one needs to prioritise safety first.
Don't forget to follow;)
Follow for your learnings✌️
After today's amazing run, especially in PSUs, one might add long by keeping the SL of 42800 in the Banknifty.
A strong surge is expected in the next few days because all the good and large banks are supporting this movement.
Bankbees can be purchased to ride the rally🚀. (Recommended)
One can choose to go with options and futures as well, but the risk is also very big there, so one needs to prioritise safety first.
Don't forget to follow;)
Follow for your learnings✌️
Related publications
Disclaimer
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.