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suryaraj
Jul 13, 2017 9:19 AM

Bank Nifty Showing Bearish Divergence Short

Nifty Bank IndexNSE

Description

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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