re: Day trading Nifty & Banknifty Futures
Hourly chart has formed a reversal pattern: Two small bars after a WRB.
This is worth noticing because:
Today's early session's fast move broke the Spot daily pivot of 6123. If BoF happens, then a much required strong momentum will accumulate to break the double bottom near 6000 on the daily chart.
Wanted to share the strong favourable RR for positional traders. Not an attempt to predict.