RUDRA007

Bank nifty good short candidate

Short
NSE:BANKNIFTY   NIFTY BANK
Bank nifty spot cmp36000

Deep Crab Bearish Pattern formation
Pattern violation above 36500 on closing basis

Weakness seen at higher levels of supply line of falling channel structure,,

Good short candidate..
Trade active: Bank nifty gave good opportunity to go short around 36300 levels and yesterday made low of 34300,,

2000 points in 2 trading sessions,,

keep booking as per comfort

final target is 33600,,

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.