BANKNIFTY HAS FORMED HEAD AND SHOULDER PATTERN ON DAILY CHARTS BUT IN A RISING TREND.NECK LINE BREAKDOWN SEEN AT 19800 LEVEL.  LOWER PEAKS AND LOWER TROUGHS ALSO CONFIRMING THE REVERSAL…  SO SELL BANKNIFTY BETWEEN 19700 -19800 WITH CLOSING STOP LOSS AT ABOVE 20000 FOR THE WEEKLY TARGETS OF 19350…

ABOVE MENTIONED LEVEL S ARE SPOT LEVELS PLEASE CORRELATE THE SAME WITH FUTURES LEVEL AND TRADE ACCORDINGLY..