SudharsanG

BANK NIFTY - DragonFly Doji - Trend reversal

Long
NSE:BANKNIFTY   NIFTY BANK
Two days back b. nifty forms a dragonfly doji candle on daily timeframe , followed by a gap up on the next day, now a small pullback towards the trend line .

These indicates some sign of trend reversal going to happen soon.

Today FED meeting going to happen, that reaction will reflect on our market tomorrow weekly expiry, so trade carefully.