RUDRA007

Nifty psu bank good short candidate

Short
NSE:CNXPSUBANK   NIFTY PSU BANK
Nifty psu bank spot cmp 2400

Bearish bat pattern formation.
Good short candidate..
view gets negated above recent high on weekly closing basis,,
Else can fall by 300-500 points from current levels.
Trade active: index made low around 2250 yesterday,, we recommended short around 2400 levels, 150points fall done,,,

still more to go,,,

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.