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Nifty Bank Index
Short

Bank Nifty Bearish

By RRAO
Updated
Bank Nifty is bearish for last two days and formed a down channel in 1 hour time frame, Expect downtrend to continue for next week also and it may break it's previous week low.
Note
today Bank nifty broken the previous week low
Note
if able to sustain above 38000 then 38300 will be resistnce and if unable to sustain above 38000 it will further corrredt upto 37700
Note
today Bank nifty at chanel low from this level it will bounce back
Trend Analysis
RRAO

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