Major Levels Are Marked In Red Colour
On one hand, it's made Double Top and on the other hand, it Bounced From the 68% Fibonacci Level, so overall mixed sentimental market.
See the Levels for the next trading day on #BANKNIFTY
Made an HNS Pattern Wait for the price action to test the neckline zone again and then go for the Short sell Until the targets...
Clear visible divergence on the big time frame and also got into a pretty high point, most likely the stock will gonna get down very fast but not sure when will be the start of that fall, so keep an eye on it...
Sellers are gradually losing control and buyers are slowly getting stronger and with some indicators, it confirms that upside rally has started and I've hopped into it!
My view on the next few days for BANKNIFTY
Although this is a time when all the technical fundamental analysis is pretty much useless cause Market is right now giving Impulsive move on the news so "PLAY IT SAFE"