Banknifty showing weekness as it reaches a very crucial zone of resistance as marked in the chart. It is also about to touch its 100 EMA in weekly chart. Until and unless it breaks out of this zone, I will not be trading in the long side.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.