Markets preparing for healthy correction (bank nifty).
An breakdown of long term trendline is anticipated with multiple retest of trendline support making it weak.
Aggressive traders can short futures with an Sl above 52070 closing basis.
Expected target 49000-48500 with an breakdown of swing low followed by an fresh low.(Trailing basis)
Aggressive traders can short futures with an Sl above 52070 closing basis.
Expected target 49000-48500 with an breakdown of swing low followed by an fresh low.(Trailing basis)
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