Will BankNifty Rise Again ?

If we Stay below the Red TrapZone, we are going down. Shorts are in play now and Do not take longs till you see a Green TrapZone.

Lets see, will update the idea frequently!

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It looks like the Red TrapZone is holding the price from going up. Lets see a break of the recent low asap and then we can take a stab at breaking the support. We still need to see Red Bars to form, we are still making Gray TrapBars

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Still below The Red TrapZone, Keep an eye

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Above the Red TrapZone is No Trading Possible. Sideways and Whipsaw action is Possible.