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Cfa_Arvind
Aug 21, 2022 4:31 PM

Bearish Engulfing in Bank Nifty Short

NSE:BANKNIFTY1D
Nifty Bank IndexNSE

Description

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Just like Nifty, Bank Nifty formed a bearish engulfing near top and chances are high that from here prices may reverse.

Short Sell Bank Nifty
Sell Below 38800
SL Above 39800
Target 1 36000
Target 2 35000
Trend AnalysisChart PatternsBeyond Technical AnalysisBANKNIFTYBearish Engulfingdowntrendrsi_overbought
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