All good news of Banknifty looks priced in with falling of HDFC bank on news of bonus and extra ordinary dividend. Technically move looks exhausted and can have a down move before resuming uptrend
Exhausted Momentum
Sell on break of box
Exhausted Momentum
Sell on break of box
Trade active
CMP at 56,650 bring SL to cost of 57250Trade closed manually
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Disclaimer
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.