BANKNIFTY has more room for fall.
As we can see BANKNIFTY has successfully changed its short term trend exactly from our given zones and can be seen headed towards next important demand zone. Also following the global news, we can expect market to open negative which could possibly break the demand zone leading to further downfall but we must keep a watch on tomorrows closing as it can be very crucial deciding the upcoming direction of the market so plan your trades accordingly.
Disclaimer
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.