Bank Nifty post market analysis on 23-02-2021
Short opportunity at 10:35 am candle's low with 1:3 RR
Reason : Market retraces yesterday's breakout zone and reversed with Bearish pinbar confirmation
High probability trade setup : Yesterday's support becomes resistance + Top CPR + Descending channel resistance + Bearish pinbar confirmation at resistance area
Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
Short opportunity at 10:35 am candle's low with 1:3 RR
Reason : Market retraces yesterday's breakout zone and reversed with Bearish pinbar confirmation
High probability trade setup : Yesterday's support becomes resistance + Top CPR + Descending channel resistance + Bearish pinbar confirmation at resistance area
Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
