Nikunj_Bangad

Bank Nifty can make a Head and Shoulders pattern

Short
NSE:BANKNIFTY   Nifty Bank Index
From the 15 minutes chart of Bank Nifty, we can see bank nifty may make a Head and Shoulders pattern, which is a trend reversal pattern. You can short bank nifty, after the confirmation of Head and Shoulders.

Shorting can be around 20350, keep stop loss of 300-400 pts. I suggest you for 1:1 risk reward ratio, but it is your strategy.
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