Get started
traders_pit

BankNifty struggling to go up

Short
Nifty Bank Index (NSE:BANKNIFTY)  
traders_pit  
NSE:BANKNIFTY   Nifty Bank Index
Trend Analysis Chart Patterns Beyond Technical Analysis BANKNIFTY bankniftytrend NIFTY nifty50
1
0
trendanalysis chartpattern beyondta banknifty bankniftytrend nifty nifty50
Though there is positive RSI divergence Bank Nifty 30 min and 60 min charts, BNF is still struggling to go up.
Today's (14-May) open high is proving difficult.
This suggests that BNF is still far from bottom and we may see a fall today or tomorrow before recovery starts.
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.