hourly chart of bank nifty futures

educational purpose only

hourly chart of bank nifty futures

remember, I said that we are in a bear market and a time will come where we all will get bored? this period is called a consolidation phase.

I have gone all the way to the period between 20th dec and 3rd jan to find the important levels and guess what? the same levels apply today as well.

we need to keep patience but here, I think that the bottom is made. I may be proved wrong keeping in the mind that the world is going crazy but charts make me believe that the worst might just be getting over.

my current strategy for traders is No Trade but investors can enter and invest 35% to 50% of the capital.