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vanathi
Dec 17, 2016 9:30 AM

Bank Nifty - No more Q !!! Short

Nifty Bank IndexNSE

Description

Bank Nifty is gaining momentum slowly. When people started to stuff crores of currencies in banks, it decided to move within a channel. However twin tower gives us the clue that it is going to move downside. Bank nifty has resistance at 18750 and support at 18050. When Bank Nifty tests 18050 for second time and closes below it, we can go short. Target is 17100 with stoploss 18122. Happy Trading !!!! https://in.tradingview.com/chart/QtD56IkU/

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