Community Information
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My thoughts on Nifty50 & BankNifty
https://preview.redd.it/1rz8ccrxxk7e1.png?width=1283&format=png&auto=webp&s=cd78005721d39889f3ee6d1183db5c3e11ce7036 33 Out of the 50 stocks of Nifty50 are declining showcasing the Weak Market sentiment HDFC Bank & ICICI Bank are the Top 2 Losers in Bank Nifty. https://preview.redd.it/yiac7zp5yk7e1.png?width=1600&format=png&auto=webp&s=6482d4446cb3fa9a0b25ca7787482e51b2bb0743 HDFC Bank's daily chart has slipped below the inside bar low of 1829.25, and the next support for the stock is pegged at 1775. https://preview.redd.it/muvzkkifyk7e1.png?width=1000&format=png&auto=webp&s=be806c7c2927e5d1fbaf84e4397ed5adca50cd62 ICICI Bank has broken below the pivot of 1315 and this seems like a weakening structure with the support for the ICICI Bank stock at 1290. https://preview.redd.it/3ak2x48iyk7e1.png?width=1000&format=png&auto=webp&s=10f03598516d0a949f669c8370fcaa98e09439e25
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