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sarangmv
Sep 18, 2022 6:18 PM

BankNifty Daily Chart Analysis  Short

Nifty Bank IndexNSE

Description

On daily chart banknifty looks weak as it formed shooting Star pattern with negative divergence.

Details of SL , low of second candle and 1:1 target mentioned in the chart.

We can short when it breaks low of second candle. Just remember it's on daily chart it will take time.

One candle per day.

Trade active

39412.70 Today's low.
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