akhil1206
Short

Banks to bust now

NSE:BANKNIFTY   NIFTY BANK
113 8 1
Just short it
Comment: https://www.tradingview.com/chart/czakXVYw/

Related Ideas

Short both Nifty and Bank Nifty
+1 Reply
so says ,we need to short in it.....
any strongly reason
Reply
akhil1206 sushil6002
thr is a channel break....some momentum indicators r also getting weak....keeping a close eye...the scenario will be clear in a week or 2...and if it cracks we heading to the 38% retracement level....for the time some bounce is expected to test the channel again.
Reply
Now we r talking...
Reply
DineshKumar akhil1206
Hi Akhil any bounce back from 18824 to ?
Reply
akhil1206 DineshKumar
could bounce to 19000-19100...any closing above 19300 and we need to reconsider this startegy...
Reply
a potential bull flag developing ....if the trendline gets broken ...the shorts have to be covered

https://www.tradingview.com/chart/czakXVYw/
Reply
looks like the tables have turned...turned out to be 2 grt fr the bulls....thr was a scare of a potential bull flag development and now we have broken it ...we could go and test the earlier highs of bank nifty and may be beyond...
Reply
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out