After forming double top on 20th Sep, Bank Nifty on hourly time frame is likely to continue its downward trend till its support region of 38500.
There is also likelihood of it retracing it 40000 levels and then continue it journey downwards.
Rest I think chart is pretty self explanatory.
There is also likelihood of it retracing it 40000 levels and then continue it journey downwards.
Rest I think chart is pretty self explanatory.