3. BANKNIFTY – market opened gap up at R1, and made a big
size bearish candle, then price kept on falling till CPR, as
candlestick setup formed according to our strategy to trade.
As you can see the image initial balance is wide and broken, so
the day was expanded typical day.
4.
5. NIFTY – a like banknifty, nifty also opened gap up above R1 and
PDH and made first candle big bearish, then price kept on
consolidating in between CPR and first candle high.
As you can see in the image broken initial balance and the
expanded typical day. In nifty also no setup of candlesticks
according to our strategy was formed to trade.
