Nifty Bank Index
Short
Updated

Exhaustion Signs in Bank Nifty Futures

503
Its time to look into the potential downtrend with todays high 27025.45 (spot) as stop towards 25800.
Anything above 27025 invalidates this pattern.

Estimated Timeframe : 10-12 trading sessions or even less than that.
Note
Trail SL to 26950 in spot
Note
Trading sentiment could turn positive if price started accepting 26950 that invalidates the trend exhaustion pattern
Trade closed: stop reached
Stopped out.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.