NSE: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!