BANKNIFTY trading at perfectly ascending triangle pattern which shows strong bullish continuation which is also supported with proper price action as you can see the higher highs and higher lows being formed which shows the upcoming bullish continuation price action pattern!
35800 seems to be an important RESISTANCE wherein MULTIPLE REJECTIONS has been seen and REVERSAL has been seen so if 35800 is broken with proper candle close then we can see BANKNIFTY testing its new high as well
Short term target is 36500 if 35800 is broken
Important support below is 35400
Keep watching
35800 seems to be an important RESISTANCE wherein MULTIPLE REJECTIONS has been seen and REVERSAL has been seen so if 35800 is broken with proper candle close then we can see BANKNIFTY testing its new high as well
Short term target is 36500 if 35800 is broken
Important support below is 35400
Keep watching
Comment:
36000 done today