Banknifty looking bullish 1. Taking support from a trendline 2. 50% retracement done from previous swing Same can be observed in nifty and Kotak Bank
Banknifty giving multiple confirmations for going long 1. Bouncing off from a major demand zone (34630) 2. Taking support and moving up from a major trendline 3. Almost breaking a trendline from above 4. Retracing back from 61% 5. Inverted head and shoulders formed