Banknifty Forecast for 2nd Dec'2024

Updated
The trend is bearish and may follow one of these scenarios:

1. Likely to grab all buy-side liquidity before continuing bearish.

2. Likely to grab available retail liquidity before continuing bearish.

3. Likely to drop aggressively bearish, then reverse bullish to grab buy-side liquidity.

Trade active
my preference mostly would be scenario 2, but i will ensure valid and strong confirmations before entering into any position
Trade closed: target reached
market decided scenario 3
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