BANKNIFTY day chart study.
Based on the observation 25000 level is going to be very important in coming days. Failing to hold 25000 could result in a sharp correction.
Based on the observation 25000 level is going to be very important in coming days. Failing to hold 25000 could result in a sharp correction.
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BankNifty weekly chart analysis:
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Today BankNifty took support exactly at the broadening wedge bottom. (Zoom in to view)
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Support broken! Still we will wait for a confirmation of a breakdown below 25000