Bank nifty good short candidate

Bank nifty spot cmp 36930

Descending triangle formation on 15 min tf,,
Rising demand line support around today low 36700
Once break and sustain below this levels can fall to levels of 36225-35880-35600
Small rise till levels of 37000-37080 where there is supply channel of descending triangle pattern.. from there reversal can be seen.

View gets violated above 37200 if sustains for 15-30 mins..

Zlecenie aktywne:

FIRST TARGET OF 36200 DONE

now need to sustain below this levels for 15 mins for further fall

Transakcja zamknięta: osiągnięto wyznaczony cel:

banknifty maDE LOW OF 35570
targets done and dusted