Stock Markets Recap Week Of 19th November 2021
24Nov, 2021
Hitesh Chotalia - Head of Education
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https://t.me/joinchat/96ABOeDO5fw4YTJl
Summary:
• Nifty and bank nifty have closed below the 10-20 and 50 day moving average
• In the short term, prices are oversold as has tested the lower Bollinger band on daily charts
• Nifty and Bank Nifty has formed a falling channel
• The pullback can be expected on the indices only on a close above 50 day moving average
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