banknifty creating falling wedge pattern Time frame- 1h Buy after sustainable breakout Target- 33990/34300
Market is ready for big move (in 2-4 days) either downside or upside. we will enter after sustainable breakdown or breakout (1 hrs Candle Close)
Banknifty analysis - Target for upward and downward
Banknifty Analysis- Bullish if Closed above 31850 1 Hrs Candle. Then we can see 33150 in upcoming days.
Banknifty Analysis for Tomorrow-31-03-2021
HCL Technology is Forming a Symmetrical Triangle Pattern. It can give any side breakout/breakdown. we will go for buy and sell after sustainable Breakout or Breakdown.
Bajaj Finance had given breakdown of Descending triangle Pattern and retest also done. My View is on Shorttern Downtrend.
Reliance Forming Head & Sholder Pattern on One day Time Frame. if it gives breakdown of neckline we can go for short. CMP- 1994 Date- 28-03-2021