Wealthcam

Can BANKNIFTY reverse from here..?

NSE:BANKNIFTY   Nifty Bank Index
We did saw a huge gapdown and continued its bearishness but closed with imperceptible recovery from very important level which is 36500 and making it more like a doji candle in 1 day TF showing indecision in trend, also we can see this level has acted as a very strong demand zone showing multiple reversals and hence we should think of going long unless it breaks down below 36500

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