Bank Nifty Bullish Breakout | New All Time High | Banking StocksToday on 29 May 2023, Bank Nifty broke its 2 week range and created a new All-Time high.
Until and unless, Bank Nifty does not closes back below 44140, bullish view on Bank Nifty remains intact and we can expect price to continue to go high.
Since, the bullish breakout happened after 2 weeks of consolidation near ATH, the breakout can be considered strong.
Bank Nifty is bullish now, banking stocks will fly high.
I have a few banking stocks in my watchlist which can be excellent picks for swing trading which can fetch decent returns in coming few days.
Let me know in the comments section if you are interested in these banking stocks and i will post detailed analysis.
