Nifty Bank IndexLong
Bank Nifty Looks Bullish
Updated
Bank nifty made double bottom and RSI made higher lower which is a class B Bullish Divergence.
BN is about to break 50 MA after which it will move into short term uptrend.
Under this move BN will try to fill the gap depicting on the chart.
BN is about to break 50 MA after which it will move into short term uptrend.
Under this move BN will try to fill the gap depicting on the chart.
Note
cup and handle breakout point can also seen between 14 my to 29 may.
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