As same like nifty bank nifty also trading i range bound(11300-10500),The trend line 11325 acts as a strong resistance level , In candle stick chart last two weeks Hanging Man Pattern has formed . In July 26th RBI announces monitory policy.
So coming week will be trade in negative zone and in daily chart Bearish engulf pattern has formed .So we can go Fresh short with a stop loss of 11325
Target 10500
1:42 PM
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