Wait for triangle breakout and take directional trade.
Carry overnight short, clear breakdown on a weekly basis. Target on CHART.
NIFTY Target on downsize updated.
1st Apr'2020 4:10 PM IST:- 8310 was the level where the set up got failed and triggered Stop losses.
Nifty Levels on Chart:- I have posted Nifty analysis and not Bank Nifty, as BN has gone very volatile and it's very hard to trade on BN. Let's focus on NIFTY till the time VIX drops.
Head & Shoulder Pattern for Bank NIFTY The chart is self-explanatory
Downside target is 32613-39996 = 1617 T 29,379.