Banknifty in a crucial zone of Make or Break

BANKNIFTY INDEX FUTURESNSE

Description

⋅ Oct 22, 2020 12:53 AM

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.