SudharsanG

BANK NIFTY - DOUBLE TOP FORMATION - 27 MAY 2021

NSE:BANKNIFTY1!   BANKNIFTY INDEX FUTURES
Bank nifty is in "CAT in the WALL" situation, breaking down the trend line will leads to 34,400 levels which is is neck line of the "Double Top" formation of price in hourly time frame.

but if b. nifty took a strong support in trend line then it will move higher.

Tomorrow is expiry day, so trade carefully.

thank you.

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