Price shown strength by covering 2 to 3 day red candle and closing above it indicates the upside possibility. Sl prior bar low. Price tends to move in channel and this may have probability to move in channel as bank nifty is also in bo mode for upside.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.