A simple trend line breakout in weekly timeframe
Medium term outlook: Long buildup
Banking sector very bullish
Resistance zone:92.15-99.5
Upside Targets:108.40,127.35
Weak below 86.35
Only one negative and that is MFI(14) is overbought
Personally I am going to take a bullish trade only on resistance zone breakout
Medium term outlook: Long buildup
Banking sector very bullish
Resistance zone:92.15-99.5
Upside Targets:108.40,127.35
Weak below 86.35
Only one negative and that is MFI(14) is overbought
Personally I am going to take a bullish trade only on resistance zone breakout
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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.