stock_Predictor

time to go short in bank nifty

Short
NSE:BANKNIFTY   Nifty Bank Index
bank nifty was moving upside in a rising symmetrical triangle with negative rsi divergence as mentioned in the chart. with this ADX was traded below 20 shows week upside. now banknifty has given a clear signal to short by breaking downside. It has higher chances to touch rising trendline in coming days. stop loss could be 31000

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