Disclaimer -This is my view your can be different.
Reason for it-
Banknifty making a channel on a daily.
Strong Resistance at 47000
On weekly basis forming a rising wedge.
Divergence on RSI
.
Reason for it-
Banknifty making a channel on a daily.
Strong Resistance at 47000
On weekly basis forming a rising wedge.
Divergence on RSI
.
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.
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.