bank nifty futures
***educational purpose only
11/5/2022 post market analysis of Bank nifty futures
Here too, just like Nifty futures, trend is super bearish. The candles are real close to the resisting trendline and there is a very strong resistance at 34800/34825 zone.
PCR is 2.17 on closing which is bullish which signals that we might still see an up-move in the Bank Nifty futures.
I personally feel that PCR may correct itself tomorrow but overall the chart trend is bearish and the strategy should remain as sell on rise.
11/5/2022 post market analysis of Bank nifty futures
Here too, just like Nifty futures, trend is super bearish. The candles are real close to the resisting trendline and there is a very strong resistance at 34800/34825 zone.
PCR is 2.17 on closing which is bullish which signals that we might still see an up-move in the Bank Nifty futures.
I personally feel that PCR may correct itself tomorrow but overall the chart trend is bearish and the strategy should remain as sell on rise.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.