MilestoneCapital

Bank Nifty Spot - Breakdown - Trend line

Short
NSE:BANKNIFTY   Nifty Bank Index
On Daily Time frame Bank Nifty has breached the trend line drawn from connecting all subsequent lows from March 23 and could possibly go all the way down to the lows witnessed on 23rd march.
Sell.
Target: 17300
Stoploss: 19900

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.