SUPPORT is getting weaker!!

As we can see BANKNIFTY is trading around it’s important trend line support which has already been tested multiple time before making it weaker hence any closing below the trend line could lead to sharp fall in BANKNIFTY but if couldn’t sustain below the trend line could result in sharp recovery so plan your trades accordingly and keep watching.
FibonacciMultiple Time Frame AnalysisSupport and Resistance

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