BANKNIFTY(H&S)
As You Can see
Banknifty on hourly time frame banknifty has broken the trendline
and closed below the that level
i am not telling u guys go aggressively short but keep in your mind banknifty didnt gave any retracement at all
even we switch to smaller time frame
on 5 mins time frame u can see a proper head and shoulder pattern
so this week market can give a good retracement after a long rally so watch out for 52000 level
market can give a correction rest is depend on the data
Banknifty on hourly time frame banknifty has broken the trendline
and closed below the that level
i am not telling u guys go aggressively short but keep in your mind banknifty didnt gave any retracement at all
even we switch to smaller time frame
on 5 mins time frame u can see a proper head and shoulder pattern
so this week market can give a good retracement after a long rally so watch out for 52000 level
market can give a correction rest is depend on the data
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