3. BANKNIFTY β market opened at PDL, and made a big bearish
candle, in the very next candle, market reversed and made a
green candle, and kept on moving till CPR and reaching there
price again fall, as there no setup was formed according to our
setups, so we didnβt taken any trade.
4.
5. NIFTY β market opened below CPR and made a red candle, in
very next candle same as bank nifty market reversed and made a
green candle, and kept on moving till CPR, as you can see in the
image below.
Near CPR (TC) a bearish wick reversal candle was formed but it
taken our stop loss and after that market made a small fall and
closed.