#banknifty is most likely to travel further on the upside but be cautious as the green move has been going on for 7 days straight the momentum of up move is very strong but wait for the retracement before entering.The ATR is at the lower end of the range which means its gonna bounce up anytime soon which indicates huge move in a particular direction so trade...
banknifty has broken out of a rising wedge pattern and the high of july is acting as a good resistantce and this resistance led to the breakout from the rising wedge pattern so banknifty's direction for the next couple of days might be down ONLY FOR EDUCATIONAL PURPOSE.TRADE AT YOUR OWN RISK
1. BANKNIFTY has been showing more signs of weakens taking today's trading day into consideration this chart shows us that Banknifty is not being able to cross the trendline and is a good resistance 2. NIFTY has been trading inside the yesterdays trading range whereas on the other hand BANKNIFTY has been trading outside yesterdays trading range and the point...