By Debdeep Gupta | 19 Nov, 2024
Trading Plan: Can Bank Nifty continue to outperform Nifty 50 and hit 51,000?
Nifty Trading PlanThe Nifty 50 continued its downward movement for the seventh consecutive session, falling below the 23,500 level on November 18. Most technical indicators suggest bearish sentiment, although the RSI (Relative Strength Index) has reached oversold levels. If the index sustains below 23,500, the further downside cannot be ruled out, potentially targeting the 23,300–23,200 zone. Ho...
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