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maheshvinay27

Bank nifty failed to sustain above the resistance level

Nifty Bank Index (NSE:BANKNIFTY)  
maheshvinay27  
NSE:BANKNIFTY   Nifty Bank Index
Trend Analysis Fundamental Analysis bankniftytradesetup range
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trendanalysis fundamental bankniftytradesetup range
Bank nifty failed to sustain above the resistance which is crucial level for bulls.Formed shooting star in the daily chart.
When the bank nifty is below 39800 it is better to short 40000 calls.If Banknifty fails to close above 39800 tommorow we can expect this monthly expiry in the range 38500 to 39800 i.e range boundness.
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