in last 4days banknifty gave break out of trand line and rettested this trandline and 21 may banknifty started uptrend and in support MACD indicator also given buying signal and almost cross nutralline so we can get fresh position on banknifty and banknifty stocks. few days ago i posted SBI and HDFCBANK data both are bullish now with good breakout.
Trend Analysis

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