A reversal pattern is formed at ATH with a trendline confluence.
Good RR.
Good RR.
Trade closed: stop reached
Intense short covering in BankNifty invalidated patternNote
Weekly chart still holds good for reversalDisclaimer
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Disclaimer
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.