Nifty Bank Index

Bank nifty (1hr)

136
Bank nifty is at make or break area from where 4% (1853 points) move either side possible.
Make sure we see rsi oversold area (already at 15, limited downside in my view) & over bought area as well as any divergence with respect to trend continuation if breakdown or breakout.

I believe this pattern will give good results in terms of trend understanding.

Regards,
Ankur

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