BANKNIFTY multi timeframe analysis

Nifty Bank IndexNSE

설명

⋅ 2021년 5월 5일 오전 5시 51분

As seen from the charts above, ESI indicator shows that outlook for BANKNIFTY looks bearish in the short term, as of 11:15 IST 5-May-2021.

ESI indicator: tradingview.com/script/cZKqcMhr-Ekambit-Strength-Index-ESI/

⋅ 2021년 5월 5일 오전 11시 9분

Short turned into a Long at 12:55. Always take the opposite side i.e. Long when VIX spike is not correlated with Price drop.