BANK NIFTY price rejection from support-turned resistance

BANK NIFTY has been down-trending and currently trading in the middle of the channel (blue). The price rejection seen from support turned resistance (red). We could see Bank nifty is currently in bearish territory.
BANKNIFTYBearish PatternschartanalysisChart PatternsParallel ChannelshorttradeSupport and Resistance

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