Wealthcam

Tomorrow’s opening will decide the upcoming trend

NSE:BANKNIFTY   Nifty Bank Index
As we can see BANKNIFTY showed strong upmove in the closing hour but we can see an very eminent resistance and a psychological level of 43500 which could potentially act as BOTH a resistance and a support hence any strong opening above the given level could act as a support but if opens weak than it could act as a stromg resistance so we must take trades based on the price if it sustains above or below the given level

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