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Ganand1912

BANKNIFTY - Probable shorting!!

Short
BANKNIFTY INDEX FUTURES (NSE:BANKNIFTY1!)  
Ganand1912 Updated   
NSE:BANKNIFTY1!   BANKNIFTY INDEX FUTURES
Trend Analysis Chart Patterns Technical Indicators stockmarketanalysis banking NIFTY Stocks
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trendanalysis chartpattern indicator stockmarketanalysis banking nifty stocks
BN has formed an extended wick at the supply zone.
It is favorable to short, if the first hourly candle closes below previous close and inside upper BB.
View negated if opens gap up.
Comment:
Our shorting worked perfect in the first 2 hours.
Bank nifty fell from 36100 to 35700.
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