Positional #2 Banknifty

Hi traders,

Set an alert at 33950 !!

Banknifty seemed to lost its momentum as of now and we will be retracing back to its Daily Demand Zone -1 ( marked in blue boxes ) near Weekly trendline.

If that zone held then we'd be expecting prices breaking weekly HH in near future.

And if that zone did not hold prices then it can fall to the blue box inside orange box.

Let's see!

Happy and Safe trading :)