#banknifty two possible #expiry scenarios are explained in the analysis:-
Today in the 2nd session, there has been a structural breakdown in #banknifty.
1. Rising wedge becomes a rising channel & the price takes support and moves up.
2. The price continues to fall and we get into ABC correction & much more significant dent on #bankifty.
Regards,
SG
Today in the 2nd session, there has been a structural breakdown in #banknifty.
1. Rising wedge becomes a rising channel & the price takes support and moves up.
2. The price continues to fall and we get into ABC correction & much more significant dent on #bankifty.
Regards,
SG