kalyanganguly

BankNifty - Short

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NSE:BANKNIFTY   Nifty Bank Index
Note: This is for educational purpose only.

Bank Nifty unable to break resistance (23100 - 23150) thrice. Moreover, there is a bearish ascending triangle breakout on daily chart. Same is reflected on RSI trend line as well. RSI below 50 indicates loss of bullish momentum.

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