banknifty overview
Updated
as per daily channel pattern banknifty will bounce from 31500-32000 levels
And if you draw channel pattern in weekly time frame you can see support at upper trendline of channel pattern
And there is strong horizontal support also
So there are 3 suuports conflict at level of 31500-32000
So we can intiate long position there
If in worse case that support breaks then we can see 28000 level as next support
........plzz like, share and follow if you found this helpfull
And if you draw channel pattern in weekly time frame you can see support at upper trendline of channel pattern
And there is strong horizontal support also
So there are 3 suuports conflict at level of 31500-32000
So we can intiate long position there
If in worse case that support breaks then we can see 28000 level as next support
........plzz like, share and follow if you found this helpfull
Note
today we can see two days banknifty halt at important support level after good down fall so we can expect good move any side if it breaks that range
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.