Has bottom formed in Banknifty?
Pitchfork lines in 1 day chart have acted as support and also resistance. If we go past yesterday high mkt can continue upside else high chance for market to continue downside. With global factors into consideration it is likely we will see gap filling as mentioned in my last post at 40450-39950 BNF futures. Until that is done mkt will not form a bottom.
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