Bank Nifty is on the edge of a critical trading zone.
The rising wedge price pattern marked on the price chart is a technical indicator of a potential pullback that could occur in the near future. Bank Nifty's solid uptrend will be tested at the 41620 critical trading zone parallel to previous trading activities in October 2021, September 2022, and November 2022. Buyers must rigorously defend the 41620 zone to avoid a pullback 41620 and 42386 are critical levels to watch.
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