Historically this much fall in a single day have never come it is a bear trap again bank nifty has come to a perfect demand after a really quick really
Very few times we get to see this type of formation where the Index couldn't digest such quickly up move and markets reacted Now we look at comparative up move vs down move if such quick up move wasn't digested then such quick down move will also not sustaine as it took 3-4 days to go up but gave a discount in just 1 trading session.