The Daily chart in Bandhan Bank shows a clear-cut M Top or Double Top pattern.
Note that it's a trend reversal pattern. As you can see before the M top it was bullish and After the M top it created a bearish Trend.
Let's call the first candle which crosses Neckline as Point B, and the Resistant line as Point A.
when the candle finally crosses the neckline after...
On a Daily TF interesting swings have happened during the March month and volatility was huge which was witnessed during the month end expiry
Typical M top pattern formation and the same is valid
Though the closing was above the 14461 looks like some covering happened at last moment
Buying seen during past two months were as not prominent as the selling...