BankNifty is forming a Symmetrical triangle on 1H time frame and is currently near resistance. It is a very important key level because if it breaks above it then we will see a strong upmove in the market. According to me Pattern is not yet complete and we will see some exhaustion face in the market before the breakout or Breakdown on this pattern.
I'm bearish for few days in BNF, rest depends on other banks.
I'm bearish for few days in BNF, rest depends on other banks.