bijoy2526

BANK NIFTY takes support on the support 1

NSE:BANKNIFTY   NIFTY BANK
happens to be on the median line .
.Huge red candle suggests further break down but observing closely it rests on the median line and on the support 1
only breaking below the low of today may take it to support 2.
it has retraced just 50 percent of the last move from 03/07/2020 to 08/07/2020.
This uptrend still in tact.
will update soon



Comment: only movement on Monday may decide its trend.
if it crosses and close below the median line more down side will be there.

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