"BankNifty - Bearish Head & shoulder." by trader Boult2100 — published 2017-01-19

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Short

NIFTY BANK (NSE:BANKNIFTY)

NSE:BANKNIFTY NIFTY BANK

BankNifty is making bearish Head & shoulder at crucial resistance 19250-300. Tactical short but trend is still strong be careful.

Comment: on hourly charts.

Comment: Today unlikely to make large moves. Will chop around the whole day and may be for next few days.

Comment: Played out. Book profits. 19800-900 strong support.

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