B-Power

Bank Nifty will Fall Soon!

Short
NSE:BANKNIFTY   NIFTY BANK


1. Bank Nifty is in Rising Wedge . So, it indicate that Bank Nifty will Fall Soon.

2. Negative Diversion is on RSI Indicator.

3. Negative Cross Over on MACD Indicator.

4. Sell Below 34937 Target:34733 , 34527 Stop Loss:35405

NOTE: THE ABOVE TARGET ARE APPLICABLE ONLY WHEN PATTERN BREAK DOWN HAPPENS ONLY ON MONDAY ITSELF.

Comment: Bank Nifty has also retraced to 61.8% from the previous top

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