BANKNIFTY INDEX ANALYSIS FOR 16 NOV 21

Hi everyone, Banknifty index recently gives breakout of dynamic trendline resistance and today it gives breakout of static resistance 38,780 and it has multiple resistances upside major resistance 40,160 if breaks can go upto (41,000-41,350). Important support 38,400 & looks bearish but can`t make view maybe from support it can take bounce. BANKNIFTY