in nifty pole and flag pattern in making. if breakout of trendline happen then we will see the target of 19300 in coming 9 days. one can go long in nifty if upper trendline is broken.
banknifty forming a rising wedge pattern. so we will seen at selling side trade. Bank Nifty Short below 39600 and Stop loss should be 39650, target upto 1:5.
Nifty 50 making inverted pole pattern. This pattern void in market sustain above 16500
If open flat _ then wait for break out and break down the trend line and support and you have good trade
Very good shorting opportunity. may be short on Monday if 1D candle closes below todays low.
combine with global market sentiments....this can be happen in one or two days.....only scenario is sell on rise
bank nifty short below35150. it is making M PATTERN IN 2 HOURS CHARTS.