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Short Bank Nifty trading at trend line resistance.

Short
NSE:BANKNIFTY   NIFTY BANK
Bank Nifty has been trading in down trend and it tested the trend line resistance and may to down from here,traders may enter short bank nifty for a target of 17000 the crucial 50% fibo level. there is stop loss just above the trend line if breakout occurs.
Trade closed: stop reached: exit short position in bank nifty, long entry as breakout ocurred.