see the chart
see the chart..and wait for candle confirmation
see the chart..Remember its monthly expiry..wait for range break to take positions
take position only when range breaks
Bull case= As depicted... Bear case incase we dont achieve the target..I will post a chart...I really suspect this rally though..but we will trade what we see...
Bull case=Chart says it all Bear case=Also Hdfc Bank will announce its results tomorrow...Once the news is out as per expectations,it will correct.(if news is bad it will collapse).........bringing banknifty down...............Reliance also has retraced the fall...if it resumes its downside it will bring nifty down...same goes for Infy...........all 3 heavy...
buy with a stop of triangle line break....tgt menitoned