Nifty Bank Index

Banknifty 15 mints TF down fall #20-10-21 #post market analysis

As discussed earlier in the pre-market analysis banknifty made the downward movement and respected the trendlines, here are the important factors candles respected the lines

1. first 5mints candle's body is in CPR, so the markets moves in mostly sideways.
2. resistance is strong : top pivot acted as strong resistance with rejected multiple times

For today's pre-market analysis refer the idea's page

Disclaimer