Bank Nifty facing resistance and also ranging in 41100 to 41200 both are round numbric levels high chances of traps. If breaks the 21 EMA with strong brearish bar a short position can trigger.
Note
Check out captured 50 points move today in short position a strong bar candle was created at 1.30 pm in bank nifty breaking 21 EMA
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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.