Banknifty: Look for sell on Rise
Banknifty index has breached the macd on hourly tf on downside....
Major lvls of 22400 has been breached today and the heavyweights like Hdfcbank, Icicibank & kotakbank are leading the weakness.
Looking for further addition of shorts at 22400 lvl if they come otherwise short on rise market until we effectively get a closing above 22400 on 15 min tf !!
And it's just a matter of time before SPX500 also gives up !!
Watchout Bulls warning signs are there for BTFD !!
Major lvls of 22400 has been breached today and the heavyweights like Hdfcbank, Icicibank & kotakbank are leading the weakness.
Looking for further addition of shorts at 22400 lvl if they come otherwise short on rise market until we effectively get a closing above 22400 on 15 min tf !!
And it's just a matter of time before SPX500 also gives up !!
Watchout Bulls warning signs are there for BTFD !!
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