Although the bank Nifty and Nifty has given a BAT pattern break of 38.2% the declining ATR indicates that the breakout is not reliable. Would stay away from Market for couple of weeks. Most likely we may see next wave of down fall by Friday/ Monday.
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.