The market is giving a good retrcment already. but if the market decided to give the retrecmnt of the last two days of bearish momentum then we will get to see the Breakdown of the trendline. then the market will remain bearish.
let's follow the market tomorrow?
#banknifty forming Dow theory
also the Retracement is remaining of earlier 10 days bullish moment. so maybe Market will retrace 37270-36785.
let's how the market will go. let's follow the market.
as we can see nifty was following the trendline long back which is breakdown today. Maybe we get to see the downfall till the red line below that circle I have drawn.
let's see what the market shows us!!!
#nifty50 #markettoday
