Bank Nifty has formed a double top pattern and the downward trend is forming a H&S pattern on Intraday. Support and resistance based on OI is marked in the chart.
A gap fill is still open which suggests the market may go down for 1 or 2 trading sessions and take off.
This is my view and for educational purpose only.
A gap fill is still open which suggests the market may go down for 1 or 2 trading sessions and take off.
This is my view and for educational purpose only.