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tradytales

Banknifty Rejection from psychological level with narrow CPR

Short
Nifty Bank Index (NSE:BANKNIFTY)  
tradytales  
NSE:BANKNIFTY   Nifty Bank Index
Trend Analysis Chart Patterns Technical Indicators BANKNIFTY bankniftyanalysis tradytales techincalanalysis technicalindicators chart chartpattren psychologicalroundnumber psychology
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trendanalysis chartpattern indicator banknifty bankniftyanalysis tradytales techincalanalysis technicalindicators chart chartpattren psychologicalroundnumber psychology
Today Narrow CPR has formed and whenever
narrow CPR formed then most of time market
is trending. This was 1st conviction to trade
breakouts/breakdowns.

The 2nd conviction to sell was that price opened
below40500 PSY level and rejected twice from it.
So after breakdown entry should be triggered.
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