Hello,
W.r. t to my post on bankntifty since 21/12/2012 till date, I made a point that it is in tandem withh the nifty or vice-versa. So to get better and assured returns, it was advisable to trade it than the main Nifty.
As you can see, since 21/12/2012 till the new highs of 6068.5 were made, and also comparing the bank nifty returns, You would come to know that Nifty gave a returns of approx. 3 percent, whereas Bank Nifty gave 5 pcnt returns in absolute terms.
Also if you compare the difference in returns w.r.t. 52 week lows n high on both the indices, you would see bank Nifty (12908 minus 9814) gave more than 32 pct returns as compared to Nifty (6069 minus 4770)
Hope you liked my analysis... It would really great if you comment on my blog rather than on google plus..
Enjoy Trading
W.r. t to my post on bankntifty since 21/12/2012 till date, I made a point that it is in tandem withh the nifty or vice-versa. So to get better and assured returns, it was advisable to trade it than the main Nifty.
As you can see, since 21/12/2012 till the new highs of 6068.5 were made, and also comparing the bank nifty returns, You would come to know that Nifty gave a returns of approx. 3 percent, whereas Bank Nifty gave 5 pcnt returns in absolute terms.
Also if you compare the difference in returns w.r.t. 52 week lows n high on both the indices, you would see bank Nifty (12908 minus 9814) gave more than 32 pct returns as compared to Nifty (6069 minus 4770)
Hope you liked my analysis... It would really great if you comment on my blog rather than on google plus..
Enjoy Trading
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