ssikander08

BankNifty - Resistance

NSE:BANKNIFTY   NIFTY BANK
As we can clearly see how it has been lashed down in the last trading session from the resistance forming a piercing pattern on 1 day chart and Bearish Engulfing on 60mins & 240mins chart. The current resistance is showing strength and pushing price down to retest the monthly blue coloured trend line which it has crossed in march. After that only we can expect further upmove.

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