Bank nifty seem to have rejected the top levels with a sharp fall. it would now make sense if the stock remains out of channel. if support 2 is broken then BN will go down to fill the gaps. If support 2 is not broken, then a possible sideways market for few days.
This Analysis is purely based on my own view, happy to share it with you all.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.