BANKNIFTY PUSHING NIFTY UP!!
BANKNIFTY already reached Qtrly Demand zone, Nifty is little far from Qtrly Demand zone. Because of this nifty is going UP
There are 2 scenarios
1- We can see good downfall from Daily EMA (Blue Line) + So many highly weightage stocks are in Wkly Supple zone.
2- We could see good down move from 1st pullback area. (depending upon sectors and highly weightage stocks)
My favorite SECTOR on Radar again,. It's stocks are looking very bullish for short + long term. Will share my Analysis soon.
BANKNIFTY already reached Qtrly Demand zone, Nifty is little far from Qtrly Demand zone. Because of this nifty is going UP
There are 2 scenarios
1- We can see good downfall from Daily EMA (Blue Line) + So many highly weightage stocks are in Wkly Supple zone.
2- We could see good down move from 1st pullback area. (depending upon sectors and highly weightage stocks)
My favorite SECTOR on Radar again,. It's stocks are looking very bullish for short + long term. Will share my Analysis soon.