Banknifty future chart analysis for 12.06.2023
As you can see here banknifty tested 44000 resistance 4 times and broke
in 5th time.and made new high.
Current scenarion is also showing that banknifty tested support of
44000 , four times and may break in fifth.
CON- sometimes when price test a support multiple times and do not able
to break it . then it again moves above support, and it makes market sentiment bullish.
in 5th time.and made new high.
Current scenarion is also showing that banknifty tested support of
44000 , four times and may break in fifth.
CON- sometimes when price test a support multiple times and do not able
to break it . then it again moves above support, and it makes market sentiment bullish.
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