The bullish spinning top and long lower shadow pattern has been formed in the weekly and daily chart respectively. So it can be said that trend reversal is not confirmed yet. Again we have to see another two session.
Bank Nifty may trade in the range 29060 -30060 Decision Level :29460 Above & below :Bullish & Bearish .
one interesting setup- usually when bearish engulfing is taken out , next day is slight GAP UP that was yesterday.. and then a big rally till the start of bearish engulfing candle... that is today. Let us see
MyKEYtoSENSEX
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Very nicely explained. I like it very much.Thank u so much.