End of Day Review & Analysis of Nifty BankNifty for Dec 5, 2023
It was a Blockbuster day in markets today.
Nifty opened Gap-up again and kept on moving high with strength. Price action was strong and positive making high high and closing above all time highs. Bullish Marubozu candle formed showing strong buying. Nifty Futures saw a health addition of Open Interest with increase in price. Today’s rally was one of the biggest in recent times.
BankNifty also saw gap-up opening and kept on going high with strength. BankNifty was more stronger than Nifty closing at all time highs. Price action was strong and positive forming a bullish Marubozu candle. BankNifty futures also saw good addition in open Interest with increase in price. BankNifty along with Nifty closed at All Time Highs.
Nifty opened Gap-up again and kept on moving high with strength. Price action was strong and positive making high high and closing above all time highs. Bullish Marubozu candle formed showing strong buying. Nifty Futures saw a health addition of Open Interest with increase in price. Today’s rally was one of the biggest in recent times.
BankNifty also saw gap-up opening and kept on going high with strength. BankNifty was more stronger than Nifty closing at all time highs. Price action was strong and positive forming a bullish Marubozu candle. BankNifty futures also saw good addition in open Interest with increase in price. BankNifty along with Nifty closed at All Time Highs.