as we analysed in previous post that we are expecting a short term bullishness and we did see a 300-400 points unidirectional upmove in last trading sessions but we also discussed that BANKNIFTY is still in DOWNTREND despite its temporary recovery hence if BANKNIFTY opens strong to flat we might see it getting rejected at 40200 levels which is also a psychological level so keel watching everyone
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.