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Fallingresistancetrendline

Banknifty has given breakout, ready to give 5-6% in short term.Hello everyone, i hope you all will be doing good in your life and your trading as well. Today i have brought an analysis on Banknifty which has given breakout of falling resistance trendline and now it is ready to move 5-6% in short term, Banknifty has taken perfect support from important support zone, It's already taken two times support previously from same zone,. Now price has given successfully breakout with huge volume in recents trading sessions. Disclaimer:- This analysis is for educational purposes only. Please trade responsibly and consult a financial advisor before making any decisions. If you found this analysis helpful, don’t forget to like, follow, and share your thoughts in the comments below! Your support keeps me motivated to share more insights. Let’s grow and learn together—happy trading!
NSE:BANKNIFTYLong
by TraderRahulPal
Updated

Select market data provided by ICE Data Services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.Copyright © 2025, American Bankers Association. CUSIP Database provided by FactSet Research Systems Inc. All rights reserved. SEC fillings and other documents provided by Quartr.© 2025 TradingView, Inc.

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