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ypahalajani

Inverted H&S in BN?

Long
Nifty Bank Index (NSE:BANKNIFTY)  
ypahalajani  
NSE:BANKNIFTY   Nifty Bank Index
Trend Analysis Chart Patterns
0
1
trendanalysis chartpattern
It looks like an inverted Head and Shoulders pattern in BANKNIFTY on hourly timeframe around 39K (whole number level). What do you think?

If this is a short bounce, then, it should touch 40K in this expiry - technically.

P.S. I took a Bull Put spread 🤞🏻
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