Nifty Bank Index
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BankNifty : Finally from ABCD's to Cypher !

First I had mentioned Gap Up n Down scenario's in Banknifty but as market opened I have changed it to one-sided scene.

(i) If trendline violated to upside wont sustain for longtime max 21650's only, then reverse to down

(ii) Touch n Play with trendline from Downside & Straight move to down
Today weekly expiry right ? Extreme guess work, BankNifty may reserve that downmove for last session.

Lets see how it plays out ! Happy Trading !
BANKNIFTYbankniftyexpirybankniftytrendbreakCypherHarmonic PatternsTrend Lines

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