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TheStocktrader_Skn

Banknifty, Is this the end of rally ?

Short
Nifty Bank Index (NSE:BANKNIFTY)  
TheStocktrader_Skn  
NSE:BANKNIFTY   Nifty Bank Index
Trend Analysis Chart Patterns Wave Analysis BANKNIFTY bankniftytrend bankniftytradesetup bankniftyanalysis bankniftyview bankniftytrading bankniftyoptions bankniftylevels
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trendanalysis chartpattern waveanalysis banknifty bankniftytrend bankniftytradesetup bankniftyanalysis bankniftyview bankniftytrading bankniftyoptions bankniftylevels
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.
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