Banks are looking quiet good. identified the points and took the trdae. Banks are expected to go to 39800 and above. I may be wrong but the market is always right.
Hi, I have sold banknifty @ the close of first 15 minute candle. Being bear today was good. Lets see where the market takes us. P.S. As an analyst I know. As a trader I do not know. Will keep posting my trades, if you like my view please follow me.
In my opinion, market would hold this low of 16000 approx and will jump back from here. This is a diametric pattern of the Neo wave which is staring at its completion. This pattern is known as Head and Shoulder pattern in technical analysis. This post is for educational purpose only. Trade with your plan.