Being today RBI mid quarter credit policy review and Union budget tomorrow , expecting high volatility in market today.
CNBC poll shows no rate action this time.
In banknifty:
1. Target of cup and handle pattern is ACHIEVED
2. Target of triangle breakout in daily chart is also almost ACHIEVED.
3. long lower shedow candle in weekly chart will unfold direction on this week close.
4. Hourly intraday chart is highly overbought
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