Banknifty humpty dumpty fall ..will we fall or hold?
Banknifty fell today like humpty dumpty but if you closely observe it took support at the major trendline. This is a very good thing. This line has held since April 2023 for more than 4 times though not exactly touching the line always. Tomorrow if we have a green candle closing then we can expect a good reversal. Dont go short until a candle closes below the trendline which for now is at 43920. please note it should be day candle closing. tomorrow candle will be important
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