suryaraj

Bank Nifty Showing Bearish Divergence

Short
suryaraj Updated   
NSE:BANKNIFTY   Nifty Bank Index
Bank Nifty at current level 23900 is showing bearish divergence and chart is also exhausted in upward direction. Minor correction expected before any next big up move.

We can go short with a target of 23700 and SLTP 24000
Trade closed manually:
booked partial profit at 23800. and trail sltp to 23890

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