W pattern in BANKNIFTY…. ready to move..?
As we can see BANKNIFTY has formed more like a W pattern in bigger time frame exactly getting rejected from our important demand zone and recovered almost 2000++ points, now we can see BANKNIFTY at important at resistance and hence if BANKNIFTY opens flat we can see BANKNIFTY to remain sideways for now before finally breaking out hence we can expect sideways market now unless BANKNIFTY sustains above 41500-41700 levels so keep watching everyone
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