Bank Nifty Down Trend ?

After gap up opening before some days, BANKNIFTY was in consolidate period but yesterday on 19 May 2021 BANK NIFTY tried to break the zone upward but it was not able to break it upside and got rejections. Today BANK NIFTY was opened gap down and tried to get settle. But not able to settle. Later was in pressure but later moved continuous in down side and in 2nd half of market BANK NIFTY braked the consolidating zone in downside. from this we consider to be a DOWN TREND in upcoming days. There are also chances of getting GAP UP on Monday but very less chances to be consider. But there are higher chances of BANKNIFTY getting opened GAP DOWN on MONDAY.

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