yatinp32

BANKNIFTY 15 MIN HEAD AND SHOLDER :)

Long
NSE:BANKNIFTY   Nifty Bank Index
it seems that bank nifty closed today with head and shoulder pattern which is trend reversal pattern which works more than it fails, i spotted head and shoulder pattern with the confluence of trend line breakout and retest tomorrow if market opens gap up it has higher chances to stay bullish or else it might give some short of consolidation before continuing the direction.i hope this will help u understand the movement and market structure.once again this is not 100% confirmation of market movement,this just my study as per my experience so please take it as a reference and do your own analysis before taking trade.thank you guys :)
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