Bank Nifty - Bullish View on 02Jun22

Market has been very volatile and moved within the previous day range. With the last hour short cover, double bottom formed in 15min chart and weak breakout happened with the neckline. The last hour bullish trend may continue tomorrow if the global cues are positive or neutral. Thus, it is expected to be bullish if it is opened above present day high of 35770.
Chart PatternsTrend Analysis

Penafian