Banknifty | Bearish

Bank nifty is moving within an upward channel. Coupled with and news and down momentum, it's giving multiple short opportunities.

As per Bulls eye indicator, it's in bearish territory, good to keep booking profits and wait for turn around along with sentiment.

Kommentera:

50% booked near 46500

Kommentera:

PS: I reserve the right to be wrong. not SEBI registered.
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Kommentera:

All shorts exited today as it hit the lower channel support bar. Possibility of further down but good to leave that for now. will look for bullish chances now