Banknifty - consolidate MAKE or BREAK.?
Banknifty - consolidate from about past 1 month, now if correction happens as Today is Budget Day, then it will again Re-test and then fall further.
However, if it Breaks positively then it also expected to Break with Big BULL Candle then again Re-test and Rise further.
Now it's Patient Time and wait and watch where it breaks, current major indicators shows it will FALL DOWN, but it's only Probability, will won't take High Risk on this basis,will be add more Qty in our Trade once it get confirmed.
However, if it Breaks positively then it also expected to Break with Big BULL Candle then again Re-test and Rise further.
Now it's Patient Time and wait and watch where it breaks, current major indicators shows it will FALL DOWN, but it's only Probability, will won't take High Risk on this basis,will be add more Qty in our Trade once it get confirmed.
Penafian
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