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Nifty Bank Index
Short

Bank Nifty given breakdown

By ST_SNOOPY
Banknifty has given a trendline, double top & a complex H&S breakdown. Have a short bias until the index closes above the trendline again.

Retest of trendline highly likely as the markets have been oversold since couple of days.

If the rally is on back of weak candles and volume, expect more downside to unfold in coming weeks.
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ST_SNOOPY

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