Nifty Bank Index

BANKNIFTY at 41000 now… what’s next.

As we can see as analysed banknifty finally reached it’s important resistance and a psychological level of 41000 level now we have to see BANKNIFTY if it could sustain itself above 41000 or not else like previous breakout we can expect BANKNIFTY giving false breakout above and finally continuing its downtrend hence unless 41000 is broken above and sustained we cannot consider it as a change of trend or confirmed breakout

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