BANKNIFTY FUTURESANALYSIS - Close above 49094 (fut) is important

10 Nis

As per pitchfork analysis as shown in the figure market has closed above successfully the parallel lines. All lines of pitchfork will act as support and resistance. Since today close is a green doji but still we need to wait for a confirmation which will come only if we close above 49094 (Banknifty futures) . If we close above that level we are confirmed to upside with our next target at 49790 and 50,000.