BANKNIFTY CHART ANALYSED FOR 16 APRIL
Important levels to watch mentioned in chart ✅
We can see rising wedge pattern which is also known as reversal pattern frequently seen in bear market !!!
We can see some upmove to fill the pending gap in the first half and then continue its falling!! Make sure the levels are breached to take any positions !!
All the LEVELS provided stands much important as they’ve tested many times, rejected by both bulls and bears and hence breach of those levels with proper candle close can give unidirectional move ✅
We can see rising wedge pattern which is also known as reversal pattern frequently seen in bear market !!!
We can see some upmove to fill the pending gap in the first half and then continue its falling!! Make sure the levels are breached to take any positions !!
All the LEVELS provided stands much important as they’ve tested many times, rejected by both bulls and bears and hence breach of those levels with proper candle close can give unidirectional move ✅
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