NSE:BANKNIFTY > BankNifty finds strong support at 39300 and 39000 levels
>BankNifty poised for potential bullish surge above 39550 level" If BankNifty manages to cross the 39550 level, it may indicate a bullish trend and lead to a potential spike in the market.
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took exact rejection at 39550 BN struggling to go above that level. (this view is might get failed soo lets wait to break exact level) #just.following.the.process :)
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39550 to went 39850 (+300 points ) bit choppy market but levels played out exactly we wanted
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39750 above level holding need 150 to 200 points upside move
@tradeview-1234, in smaller time frame the supply zone is big 40300 to 40700 and there’s is big gap after 40700 i already said if it shows some bearishness like poor sentiment in market then there can be good short might build up around that area. And one more thing people who long in 39300 level I don’t think they are strong buyer and there stoploss will tested
@WallStreetmny, till what level it can fall after reversing from 40300-400 level
WallStreetmny
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@obsessedHawk48750, As per the down trend market we can expect one more LL in longer period but in shorter time below 39300 . if any positive news hit the market then market will shoot up that is reason i only doing 15 min analysis and changing my view as per market sentiment.