It looks like an inverted Head and Shoulders pattern in
BANKNIFTY
on hourly timeframe around 39K (whole number level). What do you think?
If this is a short bounce, then, it should touch 40K in this expiry - technically.
P.S. I took a Bull Put spread 🤞🏻
If this is a short bounce, then, it should touch 40K in this expiry - technically.
P.S. I took a Bull Put spread 🤞🏻