chazzsen

banknifty short view

Short
NSE:BANKNIFTY   NIFTY BANK
view= Banknifty ( nifty bank) is looking short for short term. short can be below 34220 with the sl of 34700 for the target of 33350-32700-32250.
bwloe 32000 target can be 30300-30100.

1. As we can see trendline breakdown nifty bank and also look like a double bottom breakdown.
2. we can see the bearish pinbar at the top of resistance of 35200.
3. we can see 90% body candle reakdown with high volume .
4. nifty bank downtrend channel making.
5. nifty bank break the consolidation zone.

Thanks and regards
Chazz sen
+917000725404

Comments