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kalyanganguly

BankNifty - Short

Short
Nifty Bank Index (NSE:BANKNIFTY)  
kalyanganguly  
NSE:BANKNIFTY   Nifty Bank Index
Trend Analysis Chart Patterns Technical Indicators BANKNIFTY bankniftytrend bankniftytradesetup bankniftyshort bankniftytrading bankniftyview bankniftyanalysis bankniftyindia bankniftysell
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trendanalysis chartpattern indicator banknifty bankniftytrend bankniftytradesetup bankniftyshort bankniftytrading bankniftyview bankniftyanalysis bankniftyindia bankniftysell
Note: This is for educational purpose only.

Bank Nifty unable to break resistance (23100 - 23150) thrice. Moreover, there is a bearish ascending triangle breakout on daily chart. Same is reflected on RSI trend line as well. RSI below 50 indicates loss of bullish momentum.
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