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sunilvedula

Mkt Bearish. 39950 a possibility in futures of Banknifty

Short
BANKNIFTY INDEX FUTURES (NSE:BANKNIFTY1!)  
sunilvedula  
NSE:BANKNIFTY1!   BANKNIFTY INDEX FUTURES
Trend Analysis Chart Patterns Technical Indicators
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trendanalysis chartpattern indicator
44500 support is broken. Market structure now broken and has entered BEARISH territory. Following are the levels expected 43956/43800/43500/43385. If the last support is taken away then we will be looking at 42650 and 39950.
IMP Levels to watch out are 43400 and 42600 before touching 39950
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