Exact rejection seen in BANKNIFTY! Where is it heading next.?

2023年5月7日

As we can see we had been analysing past few weeks that despite the bull run we are expecting some weakness and rejection in BANKNIFTY and expected a rejection around 43600 levels and we did see exact rejection from that very level and fell more than 1000++ points in just 2 days hence we can expect more of downfall till 4200 which is a psychological level for BANKNIFTY but if BANKNIFTY opens strong then we can see some recovery which could be in the sideways form before continuing its rally so keep watching everyone