Bank nifty is moving within an upward channel. Coupled with and news and down momentum, it's giving multiple short opportunities.
As per Bulls eye indicator, it's in bearish territory, good to keep booking profits and wait for turn around along with sentiment.
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50% booked near 46500
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PS: I reserve the right to be wrong. not SEBI registered. The information on this platform/document is general and not financial advice. It is not a substitute for professional advice. Before making investment decisions, consult a qualified SEBI registered financial advisor to assess your unique financial situation and goals, as investing carries risks and past performance doesn't guarantee future results.
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All shorts exited today as it hit the lower channel support bar. Possibility of further down but good to leave that for now. will look for bullish chances now