It strides ahead towards the targets

2023년 4월 12일

With rbi pausing the rate hike.
and with india's inflation dropping with in rbi comfort zone first time after many months.
and still some shorts remaining in the system(future&option)
it appears still some rally pending for bank nifty.
In asia pacific regions several central banks like australia,india etc have paused interest hike.
Techincally bank nifty can take out the immediate pivots 41671,and 41979.
Down side 41461 should act as strong support.
It is NR4 day for bank nifty,
Several pvt sector banks had narrow range day today.indus india,axis,icici,rbl.
so expansions of these banks are likely.
My view for bank nifty is positive.
I had predicted in my post updated on march 13 about the trend reversal of bank nifty when it was 39894.
on my post of april 1 st I had mentioned this rally is going to be pwerful when bank nifty was 40608.
please go through my posts of bank nifty and find the merit in it.
please go through the attached charts.
do connect with me by liking this post and by following me.

2023년 4월 12일

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This posts not only based on technicals.
but has analyzed several present financial factors which are favouring India.

2023년 4월 12일

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hence don't forget to like this.

2023년 4월 13일

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2023년 4월 13일

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how is my call?

2023년 4월 13일

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how do you like to rate my study?out of 10.
please go through my earlier studies of bank nifty..
right always hits the target.

2023년 4월 13일

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2023년 4월 13일

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next target achieved.No admirer here for good posts.
many of my posts go unnoticed

2023년 4월 13일

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indeed ahead of these 2 targets I had 42100 but that will be achieved today I didn't know,

2023년 4월 13일

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2023년 4월 13일

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this is where I found out triangle formation and its break out.