Bank Nifty formed Bearish candle on Daily TF
The Index started the week on a positive note
But BNF showed lacklustre trend in next 2 days
The Index faced pressure from HDFC Bank
As long as Index remains above imp support of 47k/47200
it can show rebound towards next resistance level
However in case of Bearish Pattern at higher levels,
the index can come back to prev week range
Keep Tracking Charts
*For Educational Purpose
Learn & Practice Price Action setups
But BNF showed lacklustre trend in next 2 days
The Index faced pressure from HDFC Bank
As long as Index remains above imp support of 47k/47200
it can show rebound towards next resistance level
However in case of Bearish Pattern at higher levels,
the index can come back to prev week range
Keep Tracking Charts
*For Educational Purpose
Learn & Practice Price Action setups
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