As expected and analysed last day we did see a selling pressure below 38600 and fell over 200++ points but ended in a flat note! As it has already broken down the rising wedge pattern we can expect BANKNIFTY to fall further till 38000 if sustained below 38400 tomorrow!
Fresh buying can be made if BANKNIFTY couldn’t break 38500 mark below which is also a psychological leek
Fresh buying can be made if BANKNIFTY couldn’t break 38500 mark below which is also a psychological leek