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Nifty Bank Index
Short

Banknifty, Is this the end of rally ?

53
Wednesday we saw index closed above 41300 which was a resistance previously but on Thursday it failed to hold the level and prices rejected from higher level.

Till we are holding below 41300 its a sell on rise. Some retracement is possible on this index.
Expecting correction till 39900 level.
TheStocktrader_Skn
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BANKNIFTYbankniftyanalysisbankniftylevelsbankniftyoptionsbankniftytradesetupbankniftytradingbankniftytrendbankniftyviewChart PatternsTrend AnalysisWave Analysis
TheStocktrader_Skn
Also on:

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.