Yesterday the reason for first big green candle is that market open gap up and below 44000 level and sellers hold the position from 44600, 44500, 44400, 44300, 44200, 44100 and 44000 almost 70-80% premium they had taken, they book their profit but still it is not confirms that buyers were active or not. After a half session market take a dip and then buyers were...
I draw my own levels for Bank Nifty and Nifty-50 for 13 June and this is my testing phase in Bank Nifty and Nifty-50.
I only follow Support and Resistance and apply simple psychology in the market and trying to understand Seller's move and SL.
Today in BN 15 minutes market forms double top and fall down.
# I am not SEBI registered person.
# Just for education purpose
