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TrendTechnician

🚨 #BankNifty Weekly Time Frame: What's Next? 🚨

Nifty Bank Index (NSE:BANKNIFTY)  
TrendTechnician  
NSE:BANKNIFTY   Nifty Bank Index
Trend Analysis Chart Patterns Wedge
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trendanalysis chartpattern wedgepattern
BANKNIFTY On the weekly chart, there's a huge rising wedge shaping up for BankNifty. This week, we've tapped the trendline again. The weekly candle has got a significant wick at the bottom, showing buyers are still in the game. 📈

Support Zone: 41800-42000
Resistance Zone: 43800-44000

A drop below 41800 might kickstart a bearish run. Or, we could consolidate in this zone and see some sideways action before the next big move. Keep your eyes peeled for a breakout or a bounce back!
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