BANKNIFTY still trading in an important ZONE..?

As we can see BANKNIFTY is still trading in important zone which previously acted as a SUPPORT and possibly act as a RESISTANCE hence till BANKNIFTY breaks out above 52520, the breakout cannot be confirmed hence it can lead BANKNIFTY to remain sluggish to sideways in coming trading sessions till it breaks the zone leading BANKNIFTY to new ALL TIME HIGH so plan your trades accordingly.
Multiple Time Frame AnalysisSupply and DemandTrend Lines

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