BANK NIFTY retraces after touching 200 dma.
yesterday it got support from 20 dma and
had bounced from that,
and today it touched 200 dma and retraced.
let us see which event takes place earlier
whether it closes below 20 dma(negative)
or it closes above 200 dma on daily basis(positive)
Tussle is now going between bulls and bears.
of course uptrend is still in tact.
It is proceeding with higher high and higher low.
Don't forget to like this post.
connect with me by following me.
had bounced from that,
and today it touched 200 dma and retraced.
let us see which event takes place earlier
whether it closes below 20 dma(negative)
or it closes above 200 dma on daily basis(positive)
Tussle is now going between bulls and bears.
of course uptrend is still in tact.
It is proceeding with higher high and higher low.
Don't forget to like this post.
connect with me by following me.
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