Banknifty Nifty has formed Rising wedge on both 1hr and 2hrs time frame, usually this is a bearish reversal pattern. along with that, it has also formed double top at 35800 levels and has seen profit booking at that level.
Titan has formed a bullish pullback, and it is in for a big momentum of min 100 points rally, i made my analysis based on the couple of aspects.
1. pattern mapping, we can see the similar patter 3 times in a same channel and reversing to bull trend for 100 points
2. CandleStick chart analysis. i.e. We can see a Bullish Doji at the bottom followed by 3 white...
