Hopes for complete Head and Shoulder Pattern. Enter for long after break neck line.
Inverse head and shoulder pattern formed in 15 min frame, So wait for neckline then enter for long with confirmation.
Now M pattern is forming on 15 minute time frame, if closing is received below Neck No then we will take short position, meaning we will think of taking conservative entry, not at all
Wating for break flag. If we look at the time frame of 1 horse, then a bearing flag pattern is visible here, with three touches to take aggressive entry.
If Bank Nifty breaks one psychology support of 36050 There could be a sharp drop in bank placements after breaking this 36050 critical support. I won't be at the neutral level tomorrow at all, because Bank Nifty is already standing at the door of psychology level. History is witness that what happens after this support, you all must know --Dipak..
(Note - Education purpose Only) If seen, bank nifty has broken the important weekly resistance and has also closed positive site, On Monday Bank Nifty sustains above 36850 then we can run towards the call side.