1 new chart everyday, it could be from any space ~ equities / commodities / crypto / forex / bonds , etc
Will try to do it daily 🙏💪
Here's the first one 👇
SBI vs BankNifty
Ratio chart has given monthly breakout implying SBI could outperform BN in coming months.
#PB365
More from Prashant Bhansali
Many have asked how to plot ratio charts on trading view, here is an example , suppose you want to see Maruti/Nifty auto:
1. Type the code of these two scripts exactly as shown in TV without any space and use NSE before it
NSE:MARUTI/NSE:CNXAUTO
2. Press enter
@Digital_Baba
1. Type the code of these two scripts exactly as shown in TV without any space and use NSE before it
NSE:MARUTI/NSE:CNXAUTO
2. Press enter
(10) Ratio chart (daily) of Auto Index/Nifty
— Prashant Bhansali (@prashant280294) June 5, 2021
Taking multiple support at crucial level
Autos could start outperformance over nifty as long the support holds , and more fiercely once resistance breached #PB365 pic.twitter.com/ZRSmtGH1ic
@Digital_Baba
More from Sbin
A thread on OI and Options charts for SBI - why it stopped rising at 420 and how one could have identified that.
Why I am talking abt SBI so much?
After the results, almost every brokerage came out with upgrades giving trgts of 500-600-700 on SBI, and it is easy for retail to buy CEs immdly; It might rise later, but the pause in the last 2 days ensured that the CEs fall sharply
For those who missed ithttps://t.co/gb1PpJKQdY
— AP (@ap_pune) May 25, 2021
Why I am talking abt SBI so much?
After the results, almost every brokerage came out with upgrades giving trgts of 500-600-700 on SBI, and it is easy for retail to buy CEs immdly; It might rise later, but the pause in the last 2 days ensured that the CEs fall sharply