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Overall View: Banks were in a trading range & then after the breakout it struggling to maintain higher level and it is expected market being at all time high.
What to expect next: Banks following a trend line and the support comes at 25550-600 level where there can be a buying opportunity. However if it breaks the trend line it can expose us to the level of 25000-25100.
Technical trader is born out of passion. Passion to learn, Trade and share about Technical analysis of the Stock Markets. We all know context is the important aspect of technical analysis. The Sustenance of a big move or a breakout of a particular stock depends on the context in which the breakout is happening. As a Traders coach we teach you how to develop context and trade the stock market. Especially the Nifty and the Bank Nifty.