If BankNifty sustain above 40000 by 18 OCT it may touch 41000 as per the current channel.
Bank Nifty is near the channel's bottom line. And most probably it shouldn't break the line and start another up move and expecting positive movement in weekly expiry.
Bitcoin is trying to take support in it's support level and it's in upper channel and already retested the upper channel multiple times. Now the chance of moving up is very high.
Bank Nifty can go up if it'll sustain above 39630. Do not prefer buy bank nifty below this level
Bank Nifty is following this trend since 29th and in 1 day candle we can see a clear Doji candle. If it'll break this trend we can expect a good down side expiry this week or if it'll retest this trend line and follow up trend we expect a good up side tomorrow. Until it touches the line trading bank nifty should be avoided. It's my first article on Trading View...