BANK NIFTY nr7 day and inside bar.
recent RBI statement regarding camouflaging the npa of banks
has dampened the sentiment of bank nifty components.
risk/reward is always have been to buy on dips .
it is offering nice opportunities to buy on dips.
one should have lion's heart to buy on dips
analyzing the chart.
at present scenario when market is running ahead on liquidity not on fundamentals
I am neutral on bank nifty as long as it does not take its recent high.
technically as long it is holding target 7 nothing has changed..
expecting great move by bank nifty in one or two days..
if it overcomes present sentiment it may rise as some unfinished task by icici bank.axis bank.indus india bank and sbi has yet to be accomplished.
has dampened the sentiment of bank nifty components.
risk/reward is always have been to buy on dips .
it is offering nice opportunities to buy on dips.
one should have lion's heart to buy on dips
analyzing the chart.
at present scenario when market is running ahead on liquidity not on fundamentals
I am neutral on bank nifty as long as it does not take its recent high.
technically as long it is holding target 7 nothing has changed..
expecting great move by bank nifty in one or two days..
if it overcomes present sentiment it may rise as some unfinished task by icici bank.axis bank.indus india bank and sbi has yet to be accomplished.
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