Nifty Bank Indexשורט
BNF will continue to fall ?
Hello All,
Please refer my previous related idea where it touched the 37700.
We are seeing continuous selling but at some point it has to breath and decides next movement. Market has been ending negative even if start with good momentum.
Falling channel with 2 Arcs or cycles where I have just plotted the second arc by cloning first one. If downside momentum continues we can see the exact replica which will end at 36300.
FII has sold 2700 cr and DII has bought for 2500 cr.
Please find the levels in the chart.
Always trade carefully with proper SL because it’s your hard earned money.
Please note this is just my observation and purely for educational purposes only. Consult with your financial advisor before taking any trade.
Please refer my previous related idea where it touched the 37700.
We are seeing continuous selling but at some point it has to breath and decides next movement. Market has been ending negative even if start with good momentum.
Falling channel with 2 Arcs or cycles where I have just plotted the second arc by cloning first one. If downside momentum continues we can see the exact replica which will end at 36300.
FII has sold 2700 cr and DII has bought for 2500 cr.
Please find the levels in the chart.
Always trade carefully with proper SL because it’s your hard earned money.
Please note this is just my observation and purely for educational purposes only. Consult with your financial advisor before taking any trade.
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