BankNifty is at a confluence of support from channel support, 50 Ema and Horizontal Support.
But still, the Index is in a short-term Downtrend and one should wait for some bullish Price Action in daily charts or some Reversal pattern in lower TimeFrame to get an entry.
Disclaimer: Educational view
But still, the Index is in a short-term Downtrend and one should wait for some bullish Price Action in daily charts or some Reversal pattern in lower TimeFrame to get an entry.
Disclaimer: Educational view