Multiple Time Frame Analysis of BANKNIFTY

In 15 minutes time frame we can see clearly BANKNIFTY working in a RECTANGLE box where upper side is a strong resistance market have changed the trend in BIG time frame but we need a breakout of resistance for confirmation bankifty if manages to control above 36800 we can see a good rally upto 37500/38000 straight.

ALWAYS FOLLOW PROPER RISK MANAGEMENT AND POSITION SIZING
Chart PatternsindextraderinnovatorsandyouTrend Analysis

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