Bank nifty is in "CAT in the WALL" situation, breaking down the trend line will leads to 34,400 levels which is is neck line of the "Double Top" formation of price in hourly time frame.
but if b.nifty took a strong support in trend line then it will move higher.
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.