Mid Week Market Update - Episode 1 Will support band crack
#Mid #Week #Market #Update is an attempt to share my update & view on market with the trading community in middle of the week.
As per chart analysis it is visible that Nifty is in downtrend in the daily chart although there is approx. 100 points of band acting as support. This support confluence is a mix of daily chart Fibonacci extension & candlestick cluster in weekly time frame. Banknifty gave a breakout on Friday although not sustaining at higher levels. Huge sell off coming up ?
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