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bank nifty- price volume analysis, long above 35500

Long
BANKNIFTY INDEX FUTURES (NSE:BANKNIFTY1!)  
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NSE:BANKNIFTY1!   BANKNIFTY INDEX FUTURES
Supply and Demand Candlestick Analysis Support and Resistance
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supplyanddemand candlestick supportandresistance
BANKNIFTY1!

Price Volume Analysis

- Selling volumes have continuously declined each time between 35500 and 35000 levels

- bearish candle range is getting narrow

- momentum on downside is decreasing as supply is slowly getting absorbed

-volatility is also contracting as anchor vwap bands from top and bottom region are converging

-breakout above 35500 will be really positive for banking stocks

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