Trade - If price susatins below 19680n can look to go short with targets of 19335/19036. To trade banknifty with me send in a direct message.
Trade - Can look to short if price sustains below 19072. Send me a text for any queries.
V shape recovery not possible after such a big crash , It will go through flat or triangular wave formation. As per my knowledge it will take at least 7 week to confirm , either reversal or continuation .
Everything is the chart, No need to write about it. Hit LIKE button and Follow me.
Midcaps have had a smart up move since the past fortnight and the Midcap index has reached a level where in it had faced resistance and went through distribution and gave way. Today at the day's close, it reached the same level and formed a Doji kind of pattern which indicated indecisiveness. The Rsi has reached a level where in a pullback on the downside might...
As we can see BANKNIFTY is at an interesting level. from current levels... if it shows a reversal sign( 2 red candles closes below the previous one ) then go short. if it continues to show the current trend then go long for red resistance line.
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