Completion of inverted triangle, unable to move above 44200, MacD below signal line and Break down of higher low ( Yellow line from 38800 to 44174 ) has made Bank nifty a Concrete short candidate. As per Fibonacci levels target is placed at 42800 and 42000.
Sell with SL at 44200. Risk reward ration 500:1000
Sell with SL at 44200. Risk reward ration 500:1000
