SkandhaTrading

BANKNIFTY POSSINLE TO SELL BELOW RANGE

Short
NSE:BANKNIFTY1!   BANKNIFTY INDEX FUTURES
Banknifty future open positive but failed to hold above 38400 and
witnessed sharp decline in the initial half of the day. it formed a
small bodied bearish but a hammer sort of candle on daily scale with
long lower shadaw indicating buying intrest is seen on declines. it
has has lower lows from the last four sessions.
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