Nifty Bank- Weekly View

Nifty Bank last week perfectly down from upside level and now when we see Nifty Bank chart, currently Nifty Bank trading at support level which is formed by recent resistance level. Now if Nifty Bank breaks 29800 levels and sustains below this we can see some major downside towards 28500/27500 levels in the coming days or if the index not able to not break this support level we can see some major bounce from support level on chart.
Candlestick AnalysisSupport and ResistanceTrend Lines

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