02-Aug :BankNifty Updates
BankNifty is staring at a double top breakdown and is trading below significant long term moving averages on hourly charts. Option 1 is to initiate a short here with stops above 19000 levels or to wait for a breakdown of 18500. Downside targets can be 18150 levels
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.