Today even tough the banknifty opened gap up but was not able to cross the R1, being getting rejection from R1 it went straight way in to the consolidation bulls tried a lot to take it up but today the bears were bit heavy over the bulls, same as of 5th and 8th March then again 9th & 10th March, now we have to see which side it gives the breakout, which ever side it breaks out the possible targets are given on the chart or may possible it may remain the range.
Please do not trade on this observation as this observation is strictly for study purpose. Before taking any trade kindly consult your financial advisor.
Please do not trade on this observation as this observation is strictly for study purpose. Before taking any trade kindly consult your financial advisor.