balaji_damo
Short

Banknifty - Triple top and correction

NSE:BANKNIFTY   NIFTY BANK
Banknifty             has formed a triple top pattern in Daily chart and showing signs of correction given the recent huge gap up, expecting it to fill the gap till 24350.

RSI is still bullish and STOCH is in overbought region.

Trade as per the set up with SL.

Short Entry - 25000
SL 25150
T1 - 24800
T2 - 24500
T3 - 24350
Trade closed: stop reached
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