Nifty Bank Index

BANKNIFTY will get weaker below 51000 levels…!

As we can see BANKNIFTY had been trading in more like falling wedge pattern in smaller time frame which is bearish pattern and it has been broken down hence as long as BANKNIFTY manages itself above trendline, we may see BANKNIFTY being strong but if closes below 51000 level then it will not only break last swing but also will start trading below the trendline making it even weaker hence plan hour trades accordingly

Feragatname