Bank nifty may correct for 2000 points

Updated
By looking in BANKNIFTY chart its seems a head and shoulder patterns formation. Respectively if its take resistance on 48000 then it may correct 2200 points given are the next target for shorts.



Note : All the given ideas are based upon my own expectation kindly do your own for investing.
Trade closed: target reached
Chart PatternsTechnical IndicatorsTrend Analysis

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