When SBI starts outshining #banknifty, pay attention. Ratio of SBI vs BankNifty shows a multi-month base break, further outperformance is expected from #SBIN #nifty50 Ratio is sustaining abve 2-yr mean since Feb 2021. Such strength has not been at display since 2015

Always follow the relative strength, especially in volatile mkts. Ratio of IT vs #Nifty is bouncing off 200-DMA, breakout is seen in standalone IT index. Breadth shows more than 90% components of IT are trading at 1-mnth high. #wipro #Infosys #mindtree #mphasis #IT #NIFTYFUTURE