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Rahulsarna Rahulsarna BANKNIFTY, 60, Short ,
BANKNIFTY: Bank Nifty Short term view
94 3 5
BANKNIFTY, 60 Short
Bank Nifty Short term view

I published last week about shorting bank nifty at 22800 levels as it was breaking out of a rising channel in the 5M time frame. Now that it has done it and resumed the downtrend, let's look at a slightly broader time frame. Here, 1) Clearly, the H&S pattern forming at the top of a long uptrend is playing out. It breached the neckline briefly yesterday around ...

tomriddle92 tomriddle92 BANKNIFTY, 60, Short ,
BANKNIFTY: Bank Nifty Could Drop To 20000
73 0 4
BANKNIFTY, 60 Short
Bank Nifty Could Drop To 20000

Bank Nifty is about to form a top. It could drop to 20000.

Niftyadviser Niftyadviser BANKNIFTY, D, Short ,
BANKNIFTY: BANKNIFTY SHORT set up is on its way - downward channel, wedge.
118 4 2
BANKNIFTY, D Short
BANKNIFTY SHORT set up is on its way - downward channel, wedge.

Hi all, Why to short bank nifty ? - 20/50 crossover, long-term trend-line break, price respecting new downward channel. Aggressive traders can short it at the moment with 19930 SL on closing basis. Safe traders can wait for the breakdown of 19250 (intraday or closing) and take support at 19000. Then sell in a retracement of 19200-19250 for a downward target of ...

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