BankNifty Analysis !!

Updated
BankNifty Analysis of possible Support and Resistance.
Major Long term Channel Not broken.
Forming a drifting down channel valid until crossed if crossed long formation can be a possibility.
Note
Red candle Formed at Top of the Channel.
Note
Watch it as it is about to break the channel.
Note
Finally it broke out. Next Levels to Watch for is 40200 and 42000.
Order cancelled
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