TradingView
Ganand1912
Aug 4, 2021 4:07 PM

BANKNIFTY - Probable shorting!! Short

BANKNIFTY INDEX FUTURESNSE

Description

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.
More