We are standing at daily trendline which if broken today or 2moro then short covering in banknifty will not let people to enter in longs. It might be very fast in my view. The bears are pushing it below, but bull have Favour of natural technical. Breakout may give higher price upto 53k in BANKNIFTY.
Its not a recommendation but a view...posting chart after a long time....! excuse me
Its not a recommendation but a view...posting chart after a long time....! excuse me
Note
sellers stay away...!Note
Let it retest the trendline.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.