Nifty and Bank Nifty on the 90 min ichimoku charts are in buy mode since 7th September and the stochastics is in overbought zone for a very longtime and currently the cloud supports are 5522 and 10622.
Related Readings and Observations
Nifty Futures and Bank Nifty Futures October 2016 Outlook The RBI cut benchmark rates by 25 basis points (bps) on 4 October, bringing down the repo rate from 6.5% to 6.25% since then there is a significant underperformance in banknifty futures as […]
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Nifty and Bank Nifty Futures – Daily Sentiment Update Nifty and Bank Nifty Daily Sentiment oscillators are holding positive and currently. Minor Resistance zone coming around 7870 and 16800 respectively. Breakout is likely to be on the upper […]
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