Both nifty and banknifty are making a hanging man pattern on weekly chart, which is indicating a caution ahead in the market as the general budget will also be presented in July month . Be ready for the corrective declines and cash to get new holdings and exit from weak fundamental and oversold category stocks.
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.