Nifty Bank Index
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BANKNIFTY | short for next week

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Strategy : Support and Resistance ( Supply and Demand).

Reason : Risk-Reward is favourable.
Risk = 131 point
Reward = 1223 point

Observation : Expecting reversal of current bullish week in next week.

Entry : 40512.15

Resistances / Stoploss : 40643.60

Supports / Targets : 40118.55 , 39710.95 , 39287.70 .

For next expiry .
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trail SL on first target 40118
Supply and DemandSupport and ResistanceTrend Analysis

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