Deepaklivi

Bearish on BankNifty

Short
Deepaklivi Updated   
NSE:BANKNIFTY   Nifty Bank Index
For the coming Week I'm expecting Bank Nifty to correct towards Parallel channel to the first support level 27506 TG1 and 27350 TG2 levels. We will get minimum of 400pt while we Short BNF. This is our analysis for the coming week, make sure you have to do your own research and start trading.

Note the trend line also shows some kind of bearishness as well as the Gap up today has been filled
Trade active:
Booked Partial profit from first leg of downfall. Keep wating for more updates
Trade closed: target reached:
As Discussed it will reached my two level of target that I was given, But Un expected Huge profit was done by today's bearish step move. Keep foolow us for more updates on Index and stock analysis.

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