#BANKNIFTY 1HR Trend line breakout so its possible to drop!
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#BANKNIFTY Price broke the trend line and the retest also taken the retest area will be formed in shooting star candlestick pattern so its possible to move the next support level 34449
Why we like it: trend line broken and retest taken formed shooting star candlestick pattern price will be below the 200EMA & 50EMA
1st support: 34449 Next Zone area & horizontal swing Low support
1st Resistance 35173 Zone area & horizontal swing high resistance
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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.