Wealthcam

BANKNIFTY might show 42000 before finally reversing

NSE:BANKNIFTY   Nifty Bank Index
As we can see after much of consolidation BANKNIFTY finally broke down and fell over 1000++ points in just 2 days! Now watching the global cues we can expect a gap down opening tomorrow and hence opening near 42000 mark which is a supposed strong support and also a psychological level we can see a strong upmove hence we should wait for signs of reversal before finally taking a trade so keep watching everyone

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