AFter testing a retest zone. Bank nifty show lack of rally from buyer and it is goin UP.
yesterdays confirmation might lead to these possibilities.
Bank nifty is at a crucial point today which will further decide the nature of trends in future.
I am seeing this two possibilities.
as posted earlier this morning, possibility 1 of that chart is working and with respect to that these are the 2 possible ways tha bank nifty could behave
If peope expect miracle then nifty might consider possibility 2
DOW JONES DOWN by 500 points.
Its mainly because of the spreaded RUMOUR.
Banknifty to follow.