TradingView
Sandip_a_
Jun 10, 2018 8:43 AM

Unlocking the secret of Bank Nifty Short

Nifty Bank IndexNSE

Description

Dear all, Bank Nifty is a highly manipulated Indices . Very hard to predict where it can go. Anyways my analysis is for a month and not for Weekly Expiry. You see the Yellow line , it will not cross it. So any Upside around 27000 is a very very very good oppurtunity to short. 26447 has little support . If it close below 26447 then downward move can be seen till 26295. 26290 has very strong support if break then it will slide till 26000.

Now closing above 26500 on monday it can go till 26850 to 27100. Here you can short for 600 to 800 points.
Comments
Pranabkolkatay
Request to manipulators: Sad! I have call options 26800 at very high rate. Wish manipulation makes it 700 before bringing it down to 5. But it will be very disastrous if they bring it down to 5 then increase to 45. Kindly do the needful.
More