Nifty Bank Index

BANKNIFTY ready to REVERSE..?

As we can see despite the strong fall as we analysed in our previous analysis, we can see BANKNIFTY trading at very important demand zone which is followed by a trendline acting as a support hence we might see a strong reversal if BANKNIFTY opens flat but if fails to sustains itself above then we may see a strong sell off in coming trading session which is less likely watching the current scenarios so plan your trades accordingly.

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