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BANKNIFTY day chart study

NIFTY BANK (NSE:BANKNIFTY)  
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NSE:BANKNIFTY   NIFTY BANK
Trend Analysis Chart Patterns Technical Indicators BANKNIFTY bankniftytrend
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trendanalysis chartpattern indicator banknifty bankniftytrend
BANKNIFTY day chart study.

Based on the observation 25000 level is going to be very important in coming days. Failing to hold 25000 could result in a sharp correction.

Comment: BankNifty weekly chart analysis:

BANKNIFTY weekly chart study|Shivaratri special trishul analysis
Comment: Today BankNifty took support exactly at the broadening wedge bottom. (Zoom in to view)
Comment: Support broken! Still we will wait for a confirmation of a breakdown below 25000