Market_beat3r

Bank Nifty Can Get Ugly Here

Short
NSE:BANKNIFTY   Nifty Bank Index
-Triple top with confirmation.
-Breaking down of a long falling wedge.
-Bearish cross on MACD.
-Bearish divergence on weekly RSI.
-Bearish divergence on weekly stochastic.

Not an investment advice. Do your own due diligence.
Disc: Short Nifty PE 10600 Sep.
Trade closed manually:
Strong reversal.
Trade active:
Took the trade again following morning's weakness.
Trade closed: target reached
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