BankNifty 2 Dec 2020

Nears to a sub triangle breakout inside the main channel, Looks like reaching an end of a trend
If the market opens With
  • A gap up there can be a small move uptrend followed by a heavy downtrend
  • A gap down a retest to the same level is possible followed by a downtrend
  • Close to prev close, We might see a range market or minor up trend
BANKNIFTYbanksindiaNIFTYTrend Analysis

Penafian