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Bank Nifty - Short

Short
Nifty Bank Index (NSE:BANKNIFTY)  
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NSE:BANKNIFTY   Nifty Bank Index
Trend Analysis Chart Patterns BANKNIFTY Fibonacci bankniftyanalysis bankniftytradesetup bankniftyshort bankniftyview bankniftyprediction bankniftyidea bankniftytrend
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trendanalysis chartpattern banknifty fibonacci bankniftyanalysis bankniftytradesetup bankniftyshort bankniftyview bankniftyprediction bankniftyidea bankniftytrend
Bank nifty is at 0.618 fib level in 1D TF and trading above 5 EMA. Hence, it is already overbought and needs a good pullback before beginning of next upward journey. A pause before the new move. View not valid if it breaks previous week's high.
Trade active:
Low of 37650. wohoo
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