traders_pit

NIFTY breakout - time of shorting is over

Long
NSE:BANKNIFTY   Nifty Bank Index
Nifty and BankNifty gave clear breakout signal.
NIfty is long now along with Bank nifty.
RSI positive divergence with channel breakout is there on 30 min timeframe.

This is supported by 1 hour time frame too.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.