BUDGET VIEW BANKNIFTY

Hello Traders ,

No doubt the Banknifty buyers are pushing hard to stay above 51800 levels.
Today it has shown a Strong rejection on down levels indicates the fresh buying pressure in market.

For me its still in Sideways range & bollinger band contraction mode. But the possibility is higher in Banknifty to Break above the Highs.
So lets be prepared for the new Highs in Banknifty.

Be Patience
Thank You
Prince