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BN can be shorted for a counter trend trade.

Short
Nifty Bank Index (NSE:BANKNIFTY)  
Sky_Tracer Updated   
NSE:BANKNIFTY   Nifty Bank Index
Trend Analysis Chart Patterns Technical Indicators
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trendanalysis chartpattern indicator
BN looks quite weak and can be shorted for a counter trend trade till 49,411 levels max for now. Keep tight SL.
Trade closed: stop reached:
Exiting it since trade has reversed. As anticipated, this was a counter trend trade and price has reversed almost immediately. In such cases, trade with low volumes to maintain risk apetite.
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