BANKNIFTY heading down to 34800 levels ? Time to go SHORT
BANKNIFTY is showing weak signals and may go down to 34800 levels.
Due to heavy intraday selling pressure from FIIs specially in Banking/Financial sectors, is pulling Nifty Bank.
BANKNIFTY has to break above 35450 levels decisively with Big Green candle w/t heavy volumes to scare the Bears.
If BANKNIFTY is unable to hold 35175 levels, then it can fall drastically to 34800 levels which is a strong Buy Zone.
Due to heavy intraday selling pressure from FIIs specially in Banking/Financial sectors, is pulling Nifty Bank.
BANKNIFTY has to break above 35450 levels decisively with Big Green candle w/t heavy volumes to scare the Bears.
If BANKNIFTY is unable to hold 35175 levels, then it can fall drastically to 34800 levels which is a strong Buy Zone.