As we can see despite the strong opening BANKNIFTY failed to sustain at higher levels and ended up being sideways to negative as we had been analysing in last few posts. As we can see BANKNIFTY has more one day end the week, we may expect any closing of this week’s candle inside the structure as a zone of sluggishness on the other hand if closes above the zone we may see another strong rally so plan your trades accordingly.