Bank nifty important . The levels which have multiple consolidations have a very strong reaction to those levels . where the instituition money comes in . Be very caution on these levels and always wait for pullbacks rather than one bar reversals ,
option chain can fail but demand and supply zone may never fail
Bank nifty look long because at same level in 30 minute cart there is a strong demand zone plus previous gap level ....
Beacuse it is facing resistence ..................................................................
Rbl bank formed the bearish candle below previous week high on 1 hour time frame ...... for more information watsapp me at 8953585084
I ave been monitoring this stock for 15 days . And now it is about to make a downside breakout after being in consolidation for 2 weeks . It is going to be a very good sort trade ever .
Symmetrical Triangle forming in daily chart time fame ... So Trade according to it
Wait for the breakout to enter long for intraday only. 2:1 reward ratio.
made a opposite of 3bar strike on 4 hour chart