Banknifty view for 6th December 2023

Updated
BNF had a sell-off in the morning, and there was some recovery later. Then, we can see a resistance being formed at 46900, and there can be a sell-off again. BNF can reach 46800 and 46700 if the same continues.

But if its sustains above 46950 there can be bullishness.
Trade closed: stop reached
Going Long
Trade active
TP: 47130
SL: 46900
Trade closed: stop reached
Trend Analysis

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