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Bank Nifty April 2019 Analysis

Nifty Bank Index (NSE:BANKNIFTY)  
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NSE:BANKNIFTY   Nifty Bank Index
Trend Analysis Chart Patterns NIFTY BANKNIFTY bankniftytrend
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trendanalysis chartpattern nifty banknifty bankniftytrend
The big red bar ( bearish engulfing in TA terminology) of Bank Nifty Index on 18th April, 2019 is showing sign of current bull run getting tired.
On top of that daily RSI is also showing divergence.

But, till BanK Nifty Spot any more weakness will be confirmed only after a close below 29630.
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