EXPLANATION : This is a 15 min time frame chart of BANKNIFTY . It has been in a consolidate for day and has formed an Double top pattern . If give a strong breakdown and broke its Demand zone with high volumes and retest the same , I am bearish on BANKNIFTY . If support is taken from Demand zone & give a strong breakout and broke its Supply zone with high volumes and retest the same , I am bullish on BANKNIFTY . 39000 Is a psychological level .
If you like the analysis give a Like // Follow for more updates , let me know in comments below :)