BANKNIFTY chance of a major trend reversal from here
Please see the description on a 15 min timeframe.
Today was a tight bear channel followed by a break of that channel with a double top formation.
Low probability trade, with low risk Sl, 40% chance that this is a major trend reversal to the upside.
Tomorrow could be a trading range day
Please not this analysis is just for educational purpose and based on technical analysis
Today was a tight bear channel followed by a break of that channel with a double top formation.
Low probability trade, with low risk Sl, 40% chance that this is a major trend reversal to the upside.
Tomorrow could be a trading range day
Please not this analysis is just for educational purpose and based on technical analysis