Banknifty future chart analysis for 30.06.2023
As you are seeing here after breaking down long trend it went into making declining wedge
now it also broke out wedge upside.
if price goes above 44516 today , then there is high chance that it will achieve all the levels and
may reach 45466 within a day or two.
in downside if it goes down below 44205 there is a high chance that it will test wedge's upside trend
but if it goes down inside wedge again then you may see 43328 level again.
now it also broke out wedge upside.
if price goes above 44516 today , then there is high chance that it will achieve all the levels and
may reach 45466 within a day or two.
in downside if it goes down below 44205 there is a high chance that it will test wedge's upside trend
but if it goes down inside wedge again then you may see 43328 level again.