SudharsanG

BANK NIFTY - DragonFly Doji - Trend reversal

Long
NSE:BANKNIFTY   Nifty Bank Index
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.

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