yvatsji

TRADE POSSIBILITY ON 17-3-2020

Long
NSE:BANKNIFTY   NIFTY BANK
IN YESRERDAY'S POST I GAVE A RANGE FOR CONSOLIDATION , IT HAPPEN BUT SLIGHTLY IN LOWER ZONE. AS ALREADY TOLD BULLISH ENGULFING TREND REVERSAL PATTERN IS NOT ACTIVATED YET .THE CONDITION IS OF CLOSE ABOVE FRIDAY HIGH .TOMMOROW IF GAP DOWN OPEN AND MARKET GETS RECOVER WITH IN 4 HRS BY PROVING CLOSE ABOVE THE LEVEL 22500 THEN PATTERN WILL BE ACTIVATED OTHERWISE FRIDAY'S LOW IS BROKEN THEN WILL SEE MORE FALL . BUT MY BIASED IS ON LONG SIDE .