As we can see bitcoin is forming Inverted flag and pole pattern, so if it goes below 34455 level then a short position can be taken. Sl should be according to your risk capacity. first target could be around the support zone i.e arround 28000-30000 level. If that support zone is broken a good sell off may come in near future.
The BANKNIFTY showed some positive streaks but then finally ended the day slightly negative.
During the day it has taken support at 50 RSI leves almost thrice and bounced back. If tomorrow the market opens flat and travels down below 34828 we can plan for a target of 34828 and next would be 34673.
On the Upside if it crosses 35128 then we can plan for 35211 and...
TRADING SUGGESTION:
Now we looking to the market get inverted flag pattern formed ,so breakout to enter sell trade
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TAKE A TRADE,SIT BACK RELAX
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