Nifty Bank IndexShort
BANKNIFTY Trading Near Resistance Level
Since Last Few Days, Banknifty trading in broadening wedge pattern. Currently it's trading near resistance level.
- Downside Fall Rally Can Be possible upto 43000 level if banknifty gives reversal from this level. Based on structure of pattern more chances of downside in banknifty.
- Upside rally only possible if banknifty gives breakout of this resistance zone and sustain above it.
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- Downside Fall Rally Can Be possible upto 43000 level if banknifty gives reversal from this level. Based on structure of pattern more chances of downside in banknifty.
- Upside rally only possible if banknifty gives breakout of this resistance zone and sustain above it.
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