Bank Nifty Futures Analysis- 25Feb2020

Bank Nifty index is forming a bearish head and shoulders patter and can rapidly correct to 29,500. Even at current price of 30,468, the price is below the 10 day simple moving average (SMA), which indicates weakness. For Bank Nifty index, the final support is at 29,500. Investors and Traders should exit Bank Nifty below 29,500.

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