If you see nifty in one day timeframe, it is regularly closing with a green red candle from two or more days.no matter if it wants to go up it still needs to retest the level before breaking out the channel resistance,
Banknifty running in a channel frame,if we see it in a big timeframe specifically in one day time frame, i feel we still do not a have a breakout of this channel, the price is near resistance of the channel if tommorow ends with a one day red a candle we can take a short positional trade in banknifty,