banknifty stuck in consolidation area, breakdown or breakout?

13 באפר׳ 2022

Banknifty made a big green candle but effectively stayed within the consolidation area. Any breakdown from here could see downward trending market today. FIIs are sellng -3128cr sold yesterday and crude jumped to 105usd levels again after failing to stay below 100USD level. CPR is narrow so a trending expiry day is likely. What do you think?