Bank Nifty aligned with Negative/Bearish Sentiment and made a BIG Red candle in Daily TF which indicates short term BEARISH Trend Reversal, however it depends on the close tomorrow.
Tomorrow Bank Nifty likely to Open Flat / Small gap down, if any pull back to 41000 Supply zone is the Sell Entry point for 40600 & 40400 Lower targets.
BULLISH move possible only above 41150
Demand and Supply Zones - When price breaks the zones, Demand zone will become Resistance and Resistance zone will become Support.
Refer the chart for detailed Intraday Support and Resistance levels.
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