it was a good learning - one candle should not be used to conclude for a trade especially in shorts, rather we should wait for next candle for a confirmation. as i misinterpret in bnf in my last post.

now going forward-
it formed a hammer setup as well as tested rectangle ,25000 level is going to act as very imp support in banknifty             .
hourly chart

25500 is likely to be immediate resistance ( median line of andrew pithfork.)
strategy - buy on dips with 25k             as sl.
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