BANKNIFTY heading towards important level now!

As we can see BANKNIFTY had been unidirectional in nature breaking new highs every other day. Now following the trendline we can see a strong supply zone around 54300 levels which had been respected in weekly time frame and hence we can expect some rejection from that levels too so plan your trades accordingly and keep watching everyone.
Multiple Time Frame AnalysisSupply and DemandTrend Lines

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