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Nifty Bank Index

BANKNIFTY at MAKE or BREAK level now..?

By Wealthcam
As we can see BANKNIFTY showed a strong rejection from the trend line and fell unidirectionally over 1000++ points in couple of days. Now it can be seen taking support at the trend line hence if we see BANKNIFTY opens above 45500 we can expect a strong recovery in the first half but if it breaks last trading days low we may see a bloodbath coming up so plan your trades accordingly
Candlestick AnalysisMultiple Time Frame AnalysisTrend Lines
Wealthcam
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