Wealthcam

BANKNIFTY looks ready to move

NSE:BANKNIFTY   Nifty Bank Index
As we analysed BANKNIFTY exactly got rejected from 42600 levels and fell over 200 points but based in the closing we can expect a slighy strong opening tomorrow then we might see 42600 level breakout and carry its bullrun as it has been tested multiple times before but if BANKNIFTY fails to open strong and opens with weakness then we might see a selloff of over 300++ points as the following trendline that has been followed will get broken down hence we should be ready for both sides in coming trading sessions

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