BANKNIFTY crosses it downward trend at 34333 and opening gap up at 34900.
There was some resistance at high level, we saw banknifty falling and taking support at 33280 level.
then we got our breakout confirmation when bankinfty jumped 1200 points to 34694 and closing just 90 point short of days high.
we can expect NIFTY to cross ATH being lifted by banking and financial stock and banknifty touching its all time high.
I'm a student, not qualified enough to give financial advice. Trade at your own risk.
There was some resistance at high level, we saw banknifty falling and taking support at 33280 level.
then we got our breakout confirmation when bankinfty jumped 1200 points to 34694 and closing just 90 point short of days high.
we can expect NIFTY to cross ATH being lifted by banking and financial stock and banknifty touching its all time high.
I'm a student, not qualified enough to give financial advice. Trade at your own risk.