As we can see BANKNIFTY managed to close above the given trend line. But the weekly candle is yet to be formed hence we cannot yet make decision based on todays closing above given trend line unless tomorrow it closed hence tomorrow's candle could really be important and decisive so plan your trades accordingly.
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.