adarsh_B

Head and shoulder in Bank nifty.

NSE:BANKNIFTY   NIFTY BANK
Bank nift is trying to form an head and shoulder. Right shoulder to be formed yet. It is also forming a rising wedge along with RSI in overbought zone. I am feeling strong to short in BNF in coming week. 23000-23100 for the levls to form right shouder on monday-tuesday. Then again 22800-22900. And then a 1000 points breakdown might be possible. Keep an eye.
AB

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