Since we are witnessing a breakout and retest pattern on Nifty 50, but we also have to keep this in mind that bank nifty has approached it's resistance which is being respected every single time in past. According to me, a take away gap up opening is able to breach this resistance. I suggest you all to watch the market like a WOLF for couple of days.
Do your own...
This lucrative setup is taking place on nifty50 4h chart. Wait for a decisive price action at area of confluence.
Do your own research and analysis before taking any position.
Greetings,
Om Sharma
