Banknifty took support from the trend line and broke the previous two upper trendlines, as per the chart the setup looks positive but the global cues are not good, US markets fell more than 1.5% in previous trading session, that may reflect in our market also.
There are some possibilities of breaking lower levels, so be prepare for a high volatile week.
There are some possibilities of breaking lower levels, so be prepare for a high volatile week.