Hello
Welcome to this analysis about BANKNIFTY , we are looking at daily timeframe perspectives. BANKNIFTY in recent times increased with Bullishness however it now moved into an overbought condition. BANKNIFTY is developing here that will be a decisive factor in the upcoming times. I discovered the main formation BANKNIFTY is developing here that will be a decisive factor in the upcoming times. As when looking at my chart now we can watch there how BANKNIFTY has emerged with this key WEEKLY RESISTNACE ZONE marked in my chart with the black boundaries. BANKNIFTY is near resistance region which is an important resistance and also psychological resistance-mark together with the upper-boundary of the WEEKLY RESISTNACE ZONE a pullback
In this manner, thank you for watching my update-analysis about BANKNIFTY and its major WEEKLY RESISTNACE ZONE with the determining factors we need to consider in upcoming times, support the analysis with a like and follow or comment for more market insight!