subhagghosh

#banknifty bull trap in progress

NSE:BANKNIFTY   NIFTY BANK
#banknifty

Butterfly flying above 26,500 is a problem and can go till 28,180, the biggest trap is FOMO (Fear Of Missing Out) and that's where the problem starts.

The butterfly can stretch 127% to 161.8% ( 127% is done).