Bank Nifty: Struggling at long term resistance


Bank nifty             is facing strong resistance at the midline of long term channel.

Also, most private banks are close to completing their long term tops. Read here:https://www.tradingview.com/chart/HDFCBANK/IozqHcfE-HDFC-Bank-Approaching-Long-term-top/

We might see some retracement towards 18900 levels early next week, which should be a good level for positional short.with SL above 19150 and target around the strong support of ~17000

So take profit around 18000?
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