Good Morning Everyone,
Guy's Bank Nifty bounced back sharply after two days of correction and jumped 469 points or 1 percent to 44878, by taking support, as expected, at 44200 levels. The index has formed a long bullish candlestick pattern on the daily scale and got firmly back above the downward-sloping resistance trendline, which is a positive sign.
The index...
If you know about bank nifty trend and trend is bearish. So please wait for lower high formation.
1:15 candle formed our LH setup and I shorted here and booked good profit.
please watch my video and share.