#banknifty Looks #bearish in the Micro Picture. A fall till 32000 to 33000 Looks possible. Macro still remains #Bullish
This would be a Retest of the Previous high.
After that, we should successfully push to 39000 and above.
This is what I Feel!
#Nifty #Futures #nseindia
Sometimes, We should just observe how beautifully the market works.
Reliance Industries 4H Explanation.
As we could see. Reliance formed a low on the first green Box, Indicating the first low it made.
It hit that zone and made an amazing recovery from there.
Why did this happen?
That was the high liquidity zone where Institutional traders set their buy...