Head and shoulder is making in progress at top in 15 minutes chart. MACD also given negetive crossover so all this showing a negetive data in banknifty and i am expecting all this could be a price reversal for downside, so if anyone wants to take position for intraday can go with current price 41460 and keep stop loss at 41700. Target we can see on downside 41250/41150. Please use strikly stop loss. if you like my effort please like follow and comment. Thankyou
Note
banknifty made low 41285 start booking profits or use trailing stop loss to book profits on lower range.
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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.