Breaking of lower band in Keltner Channel as well Fast RSI crossing Slow RSI is an indication of bearish phase in NSE:BANKNIFTY. One can go for short position (2-5 days) with a target of 27600 in NSE:BANKNIFTY. Cheers!
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Bank Nifty down 150 points!
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Bank Nifty touched a low of 27782 (Down 250 points)....Way to go!
@spakshay7373, No bearish crossover happened today. Tomorrow it should be a sell call.
kishorejakkalab
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hellow sir how can get this indicator??
akshay1808
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@kishorejakkalab, Go to Technical Chart -> Click Indicator -> Type & Search Keltner -> Select 'Keltner Channel' on right hand side.
Use default setting for Keltner Channel.