Nifty Bank IndexShort
Bank Nifty given breakdown
Banknifty has given a trendline, double top & a complex H&S breakdown. Have a short bias until the index closes above the trendline again.
Retest of trendline highly likely as the markets have been oversold since couple of days.
If the rally is on back of weak candles and volume, expect more downside to unfold in coming weeks.
Retest of trendline highly likely as the markets have been oversold since couple of days.
If the rally is on back of weak candles and volume, expect more downside to unfold in coming weeks.
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