In the Weekely Chart, We Can See That Pattern Bearish Engulfing Appears To Be Formed In BankNifty.
Accordingly, in the next TRADING Session, if the market opens flat and falls below the round level of 35500, then there is a possibility of Sharp Falling.
Market Sideways To Uptrend can be done to reverse the market trend.
At that time Round Levels and Swings can work as Resistance
TRADE Accordingly!
TRADE Your Strategy!
(Educational Purpose Only)
Accordingly, in the next TRADING Session, if the market opens flat and falls below the round level of 35500, then there is a possibility of Sharp Falling.
Market Sideways To Uptrend can be done to reverse the market trend.
At that time Round Levels and Swings can work as Resistance
TRADE Accordingly!
TRADE Your Strategy!
(Educational Purpose Only)