Bank Nifty Cautious View.

Bank Nifty short sellers need to be cautious as today's candle stick formation is shooting star at 20DEMA Today after giveig low of 43390, below 20DEMA bank nifty recovered forming shooting star pattern. Shooting star pattern is formed as buyers emerge at lower level and push stock /index up.Short trade should be closed above today's high.
indexTrend Analysis

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