much awaited fall is here!! where are we heading next..?

Sep 8

As we can see BANKNIFTY fell more than 1000 points which was well expected as BANKNIFTY had been forming more like a rising wedge pattern. Now an immediate support can be seen around 50350-50500 levels being both previous swing and psychological level but if that level is breached below the we may see another sharp fall of over 500++ points which could be directional in nature so plan your trades accordingly.