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Bank Nifty in a Trap Zone - Do not Trade

Nifty Bank Index (NSE:BANKNIFTY)  
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NSE:BANKNIFTY   Nifty Bank Index
Trend Analysis Chart Patterns Technical Indicators
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trendanalysis chartpattern indicator
Bank Nifty is in a clear Trap zone between 48,240 odd to 49,000 odd level.
Any long position to be taken only once 49,000 is broken on the upside strongly.
Any short position to be taken only once 48,240 is broke on the downside strongly.
Trade Responsibly!
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