BANKNIFTY IN RISING WEDGE PATTERN ( CAUTION )
BANKNIFTY at real crucial levels, though the trend is bullish as of now , it has been forming RISING WEDGE pattern which is also known as REVERSAL pattern to some extent but don’t worry! We’ll wait for its confirmation before we take any action☑️
Till now market specifically is bullish and also formed an inverted head and shoulders pattern being 35730 as its NECKLINE, break of that very level with proper candle close may take BANKNIFTY to 36000 in no time
Also RBI MONETARY POLICY HEARING tomorrow can add fuel to the fire ! Expecting huge moves tomrrow
But also keep note of the following pattern ✅
Till now market specifically is bullish and also formed an inverted head and shoulders pattern being 35730 as its NECKLINE, break of that very level with proper candle close may take BANKNIFTY to 36000 in no time
Also RBI MONETARY POLICY HEARING tomorrow can add fuel to the fire ! Expecting huge moves tomrrow
But also keep note of the following pattern ✅
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