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Cenchus

Interesting pattern in Bank Nifty

Short
Nifty Bank Index (NSE:BANKNIFTY)  
Cenchus Updated   
NSE:BANKNIFTY   Nifty Bank Index
Trend Analysis Chart Patterns Harmonic Patterns BANKNIFTY bankniftytrend
6
2
trendanalysis chartpattern harmonicpatterns banknifty bankniftytrend
Similar type of structure is seen in Bank Nifty in comparison to the previous fall. This is the early sign of reversal. Go short with a SL of 21400 and target 18500, 17500.
Comment:
More than 600 points down from opening.
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