On a weekly timeframe i see a descending channel with decreasing selling volume. With a good volume in buyers can push the price to the market level easily. DYOR not a financial advice. Good luck ! Fortis fortuna adiuvat
Banknify CMP is at 31264.05 as on 31st Dec. Based on the Chart pattern, Moving averages and global market views, Banknifty is expected to touch 32007 Mark in 1 or 2 trading days after which with minor corrections and any major corrections are expected once it crosses the trendline and 33000 mark only, if not doorway to 33500 and 34000 are opened with little...