As we can see BANKNIFTY had been in strong uptrend ever since without any serious correction. Further we can see BANKNIFTY taking support at trendline at every minor corrections which stands around 48000 levels hence we can expect 48000 anytime sooner in BANKNIFTY but if BANKNIFTY fails to take support at 48000 levels then we may see a panic in market taking BANKNIFTY to touch 45000 levels so plan your trades accordingly.
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