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Nifty Bank Index

Directional RALLY coming soon..?

Por Wealthcam
As we can see BANKNIFTY again got rejected from our zone and fell sharply but despite the weakness it managed to close above the trendline hence giving no clear stance of its upcoming direction. We can see the trendline got weaker which has been tested multiple time which could result in steep downfall If managed to close below the trendline but can also reverse if managed to sustain itself above the trendline so plan your trades accordingly and PATIENTLY.
Multiple Time Frame AnalysisSupply and DemandTrend Lines
Wealthcam
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