Nifty Bank Index
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BANKNIFTY--Inside Candle + Upside = Fall ??

892
After Showing strong Bullish Pressure towards new ATH, price showing strong bearish pressure.
price also forms a inside candle, and yesterday shows a strong bullish momentum again.
if this bullish momentum sustains...or falls again.

Considering that inside candle as consolidation at Previous ATH levels,
and shows us a bullish momentum, so if we consider this as
Bearish Pressure + Consolidation + Upside = Great fall.
istantanea

if we observe after breaking the trendline no retest is observed in higher timeframes,
a strong bullish move is observed from 44700-44750 levels.

if price failed to take the help of previous HH, and bottom side Demand fails,
we can expect a strong fall.
istantanea
istantanea
Will see what happens in live market...
Thanks for your support.
Nota
price taken the support from previous ATH and moving up...if failed to move up, fall is observed.
istantanea
Nota
istantanea
Nota
Price taken the support from HH, if failed to break highs...will plan for short action.
istantanea
Nota
Hence proved.......
istantanea

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