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Anbukumar

Bank nifty may take some profit booking.

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Nifty Bank Index (NSE:BANKNIFTY)  
Anbukumar Updated   
NSE:BANKNIFTY   Nifty Bank Index
Trend Analysis Chart Patterns Technical Indicators BANKNIFTY
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trendanalysis chartpattern indicator banknifty
As bank nifty shows some sign of divergence due to profit booking. fresh longs are advised only after the clear break out.
Comment:
As mentioned the profit booking caused the one percent dip. trade with caution because profit booking may turn into a downtrend. due to shorts.
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