bibz4trade
Short

nIFTY baNK !

NSE:BANKNIFTY   NIFTY BANK
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Hay Folks,

Its a sell setup for NSE:BANKNIFTY in 240 time frame. It broke the long followed trend line since last December. Retesting and failing to break the trend line based at feb 2017(blue line) confirms a down movement, so a trader may wait for the retest and take a short position after confirmation. rest the fib levels can guide.

Regards
Bibin

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