4 Hourly candle end up with Spinning Top again with RSI Facing resistance at 60 Level.
Hourly Chart formed Two Consecutive Spinning Top at closing time indicates Strong Indecision between Buyers & Sellers. This Indecision is supporting to our crucial range of 22990-24200.
Now eagerly waiting for breaking the range till then Be Calm, Keep Patience
In last two sessions Banknifty Closed above upper range of 24200 and today it broke the high, Now it clearly indicate the bullish break out of the range.
As I also mentioned that I will wait until it breaks the range either UP or DOWN, now bullish break has been confirmed, so now I will look it for Bullish Movement.