yvatsji

HOW TRADE IN BNF IS EXPECTED ON MONDAY!!

Long
NSE:BANKNIFTY   NIFTY BANK
ON 13TH MORNING I SHOWED THREE GAPS ON 4HR CHART WHICH SHOWS REVERSAL THAT I SHARED WITH YOU .SEE ON THAT DAY BULLISH ENGULING PARRERN IS MADE COVERING TWO CANDLES SHOWS STRENGHT OF BUYERS NEXT CANDLE IS RANGE CANDLE MAKING BOTH HIGH SAME .THIS PATTERN IS NOT ACTIVATED YET TILL THE NEXT 4 HR CANDLE CLOSES ABOVE THE HIG OF LAST TWO CANDLES. SO OPENING CAN BE LOW OR UP ALISO IF NOT SUSTANINS IN NEXT ONE HR MARKET CAN MOVE IN RANGE SHOWED IN FG .LONG CAN ONLY BE INITIATE WHEN WHEN LAST TRADING DAY HIGH IS TAKEN OUT AND AT LEST 1 HR MARKET SUSTAINS EITH THE TARGET OF GREEN ZONE.