BankNifty: H&S Formation in Progress
BN is sitting on the strong support of 21300.
Recent highs couldn't be sustained and now it is almost touching its recent lows.
Upcoming days we can see BN try touching its support levels 21300 and then it holds the support, uptrend will be next making right shoulder.
Recent highs couldn't be sustained and now it is almost touching its recent lows.
Upcoming days we can see BN try touching its support levels 21300 and then it holds the support, uptrend will be next making right shoulder.
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