BANKNIFTY yet to reach its important resistance

As we can see BANKNIFTY despite its weakness in short term we can expect BANKNIFTY to continue its uptrend back again anytime sooner and reach its psychological level 46500-47000 wherein any signs of rejection around these levels could be traded and shorted and it could also be taken positional for capturing bigger move so plan your trades accordingly
Multiple Time Frame AnalysisSupply and DemandTrend Lines

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