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bijoy2526
Feb 1, 2022 5:15 PM

BANK NIFTY settles above trend line . 

Nifty Bank IndexNSE

Description

after lot of volatility it manages to settle above trend line.
today it opened just above the trend line and dropped to trend line and rallied to make high then dropped below the trend line and recovered to close above it
it may test recent high and if crosses that may touch the resistance line. This is my study not any trading recommendation.
I was initially in to loss but recovered that
its volatility is high and needs lion's heart to trade it.
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Comment

Comment

I caught its reversal and was long after that big red candle
it managed my loss
the above pitchfork may be guidance for tomorrow.
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