FMSmo

Short Banknifty

Short
FMSmo Updated   
NSE:BANKNIFTY   Nifty Bank Index
PRZ 23950-24000
stop loss 24250
view invalid closing above 24250
Target 23500,23000 & 22500
within 3-4 days

.786 good reversal zone for Banknifty
Apart from above analysis, bearish engulfing in 5 mins & inverted hammer in 15 mins chart

Hidden bearish divergence clearly visible

Comment:
23500 TARGET ACHIEVED
Comment:
23000 Target Achieved
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