#BANKNIFTY (daily)
Showing strength from 3 days.
Major trend still bearish bcos trading below 200DMA
Short term bias will turn bullish after close above 35000 towards 36000/37000+
Close below 34000 will turn this strength into distribution & lead towards 33000/32150 levels.
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#BANKNIFTY
Look how it took support of the upward sloping black trendline https://t.co/mhqkIzBkQN
Look how it took support of the upward sloping black trendline https://t.co/mhqkIzBkQN
#BANKNIFTY
— Nikita Poojary (@niki_poojary) February 6, 2022
\U0001d403\U0001d41a\U0001d422\U0001d425\U0001d432 \U0001d413\U0001d405: 38855 is the BO level on daily TF which was taken out on Feb 2 & if BNF sustains above 39500 level in the coming week then we can see a fresh leg of upmove
Formation of rising wedge i.e. HH & HL pattern
S/R on daily mentioned pic.twitter.com/liaqfEezkW
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