Arun_000

Bank Nifty Price Movement - Bearish

Short
Arun_000 Updated   
NSE:BANKNIFTY   Nifty Bank Index
1.Overall Market looks bearish as price failed to cross above 200 MA and it broke Channel support before day's close
2.Support is @ 28600,if price manages to go past that,then it might reach 28315
3.On bullish side,price might retrace a bit and rally up-to 28900

In the coming days,if bearish sentiment continues,price might reach next major support which is 28000
Comment:
In Day chart,price is near 200 MA
Trade closed: target reached

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