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DeGRAM
Mar 3, 2021 9:31 AM

BANKNIFTY time to sell Short

NSE:BANKNIFTY1D
Nifty Bank IndexNSE

Description

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The price dropped as I said last time.

The price fell from the all-time high of 37726.2.

Then it worked out a small correction to the resistance line.
Now the price is at position 36421.4.
From this point, you can start selling.
SL - 38294.2.
TP - 32436.9

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Share your opinion in the comments and support the idea with likes.
Thank you for your support!
Trend AnalysisBANKNIFTYshortForex
Comments
UnknownUnicorn15614419
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Too risky trade for me friend (I am worried that the price may once again roll back to the maximum.
DeGRAM
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@TradingStat, It's okay.

Just wait.
TradingAlchemist
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what do you focus on when you analyze this pair?
DeGRAM
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@TradingAlchemist, First of all, on technical indicators.
Solldy
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I think this is the beginning of a big and long fall! I expect until 12205!
DeGRAM
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@Solldy, Thanks for sharing.

It's possible.
Lingrid
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why did you cut the channel? 🤔
it would be possible to show what the signal in the channel looks like
DeGRAM
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@Lingrid, For ease of reading the graph.
Henry_Ross
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Hi, great idea, thanks!
DeGRAM
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@Henry_Ross, Thanks.
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