BANKNIFTY view
Reasons :-
1. Daily time frame shows back to back green candle (retracement needed)
2.1 min time frame rising pattern breakdown.
3.Facing resistance
4.Rising wedge pattern (High probability of giving a break-down)
Caution :-!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
1. Victory of Biden can have a bullish impact on the markets.
This is my view and, lets hope for the best.
1. Daily time frame shows back to back green candle (retracement needed)
2.1 min time frame rising pattern breakdown.
3.Facing resistance
4.Rising wedge pattern (High probability of giving a break-down)
Caution :-!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
1. Victory of Biden can have a bullish impact on the markets.
This is my view and, lets hope for the best.
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