Though the BankNifty has been underperforming for past few months, it has formed volatility contraction pattern, going by this the breakout above 36170 whenever it happens, will be wild.
Also this pattern is valid till BNifty holds above 35000 and it should break out within next 3-4 sessions.
closing above 35880 should make way for this breakout,
Also this pattern is valid till BNifty holds above 35000 and it should break out within next 3-4 sessions.
closing above 35880 should make way for this breakout,