54000 levels needs to be broken for new ATH !!
Following our analysis. BANKNIFTY rallied over 2000++ points from our demand zone and finally reached resistance which we had previously analysed being a gap acting as important resistance hence as long as BANKNIFTY maintains itself below 54000 levels we can see BANKNIFTY being negative to volatile till it finally breaks above 54000 levels and sustains itself for new ATH so plan your trades accordingly and keep watching.
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