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Bearish Engulfing in Bank Nifty

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Nifty Bank Index (NSE:BANKNIFTY)  
Cfa_Arvind  
NSE:BANKNIFTY   Nifty Bank Index
Trend Analysis Chart Patterns Beyond Technical Analysis BANKNIFTY Bearish Engulfing downtrend rsi_overbought
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trendanalysis chartpattern beyondta banknifty bearishengulfing downtrend rsi_overbought
Just like Nifty, Bank Nifty formed a bearish engulfing near top and chances are high that from here prices may reverse.

Short Sell Bank Nifty
Sell Below 38800
SL Above 39800
Target 1 36000
Target 2 35000
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