freestocktips

Bank Nifty Downtrend Has Started

Short
NSE:BANKNIFTY   Nifty Bank Index
If the bank nifty does not close above the support trendline, it will come into a downtrend. The market can recover up to 34460 - 34700 levels.

The downtrend range is 3880 points from the breakout point.

Don't sell above the retracement level of 0.236. It's a stop for intraday sellers.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.