Bank nifty Technical chart and analysis
Nifty represents the 50 most liquid and large capitalized stocks from the whole sector which trade on the National stock exchange. It provides investors and market intermediaries a benchmark that captures the capital market performance of Indian Economy. Like this Bank Nifty represents the 12 most liquid and large capitalized stocks from the banking sector which trade on the National Stock Exchange (NSE). It provides investors and market intermediaries a benchmark that captures the capital market performance of Indian banking sector. Bank Nifty is most volatile after Nifty in NSE. Like the Nifty future trading in national stock exchange, Bank nifty future can be traded on NSE. Those who know Bank Nifty Trend is bullish can buy Bank Nifty futures comprising 40 shares. Bears or those who thinks Bank Nifty Trend is in bearish mode, they can short sell bank nifty future and keep it till the expiry. First you have to know the trend of bank nifty by Technical Analysis and news which is updated daily on “Bank Nifty Trend” so that you can make a trading strategy, weather to buy “Call or Put Option”. In case of bullish Bank Nifty Trend trader can buy a “Call Option” and in case of bearish trend one can buy a “Put Option”. Here one can find daily Technical analysis, technical trend of bank nifty, support, and resistance of bank nifty and financial news which can affect its trend. Individual banking stocks trend can be known from bank nifty trend as it comprises of banking stocks.
Here one can find Technical chart of Bank Nifty and learn how to use it to get profit in trade. Also get important financial news which affects bank nifty trend.