both side breakout happens dear but nothing clear, dont do lots of analysis after moving almost 1000 points in upside. its nature to down now when n how i dont know but , very little hope as u think after breakout its zooming up. first its test 23800 n 23500 ......lets see whats happens
@neelsjoshi, I posted 15 min chart and the purpose was for very short term. Had I posted long term analysis I just don't explain in a line or two. I have drawn only two lines and I don't think two lines is a lot of analysis. And I never had any bias on single direction while posting. Also, it's not necessary for market to fall after every rally. There may be a prolonged period of positive bias in the market driven by strong fund flows, which continue to be huge in India.
@Akhil008, may be ur rite but i observe from last 25 or more yrs. this market n i always seen as i told u. but bank nifty is very volatile n everything possible. im only option trader n trade in strangles and covered call with hedging in banknifty only.