Bank Nifty Analysis For December 08, 2021

Short

BANKNIFTY INDEX FUTURES (NSE:BANKNIFTY1!)

NSE:BANKNIFTY1! BANKNIFTY INDEX FUTURES

trendanalysis supportandresistance fibonacci nse nseindia

Bank Nifty has again failed to break resistence of 37000 mark. It has also formed Double Top Pattern at the same. Wait for either to break 37000 or 36700 level to decide the trend. Once broken, once can enter the trade in direction of the trend.

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