Banknifty future chart analysis for 18.09.2023

As you can see , whenever it is making diagonal down sideways breaking upside, price
is standing just below standard deviation one if it crosses above standard deviation two
you may see an another burst in bollinger bands and price may go till 46799 after
crossing 46410.


If price goes down from current area then it may take support on 46100 and bounce back,
but if it crosses down below 46100 then you may see a weakness in price and it may reach
to the level of 45812.
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