Reverse Cup & Handle Pattern forming in Bank Nifty Future Chart
Dear traders, I have identified chart levels based on my analysis, major support and resistance levels. Please note that I am not a SEBI registered member. Information shared for educational purpose. Please do take trade based on your own analysis and risk-taking abilities. Never ever worked with fixed mindset. Any news/result data may change the direction of the trend instantly. Focus on learning so you can take correct/better decision based on your analytical skills. PLEASE NOTE THAT NO ONE CAN BE 100% CORRECT. OVERALL, WE SHOULD CONTINUE TO LEARN & BE ABLE TO CLOSE IN PROFIT EVEN IF WE ARE 50% CORRECT WITH RISK REWARD RATIO 1:2
Reverse Cup & Handle Pattern forming in Bank Nifty on 15m chart. RBI has increased the repo rate by 0.50% which is more than market expectation of 0.35%. Sooner or later, we should the impact in Bank Nifty as higher repo rate will in turn suck liquidity from the banking system.
Reverse Cup & Handle Pattern forming in Bank Nifty on 15m chart. RBI has increased the repo rate by 0.50% which is more than market expectation of 0.35%. Sooner or later, we should the impact in Bank Nifty as higher repo rate will in turn suck liquidity from the banking system.