finest stock in india, buy on dips for long term.short if you are a trader, this is the golden period for short selling. not recommendation.
there are lots of issue in banking sector, so it will take lots of effort to bounce back from support. circumstances are not favour in banknifty.
before taking any decision, first check future data and OI.
don't trade only based on technicals. 1st check future data and OI.
if u r a day trader, apply VWAP and see last 4 session price action, you will find something interesting.
as i mentioned wait for the right time. this is an just idea not trading advice.