Bank Nifty forms Inside Day near channel top,EOD Analysis

•  As discussed in last analysis   Bank Nifty updated butterfly pattern is shown below, PRZ zone comes in range of 16000-16080, where we are also seeing shark pattern completion also shown below, so range of 16000-16080 is very very crucial till expiry. As seen in below chart, Bank nifty is also near the channel resistance which again forms resistance in range of 15980-16050, So traders needs to closely watch the range, Unable to break on closing basis can see correction till 15500, Closing above 16100 can see fast move till 16600/17000. Bank Nifty has formed an Inside Day Candlestick pattern on last trading day.Bank Nifty  Support has increased to 15555-15600, Resistance in range of 16000-16050.  Are You Emotional Trader ?

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