Will it Make or Break the Ascending Channel
pattern on Bank Nifty
. Principles of Ascending Channel
- the price will break on downside and leads to fall. On here, bear doesn't have the strength to fall or make a big movement on downside. Probability, the price may pull up inside the channel.
Note: I am giving the levels according to the pattern principle.
Short level - 24000
Level 1 - 23950
Level 2 - 23900
Level 3 - 23850
Stop level - 24060