Banknifty closed the previous week with a huge momentum candle on upside. With this momentum it is very likely that bnf will reach towards the couter-trendline Also bnf is in a broad channel like pattern. With breakout of this pattern will add more upside.
support on downside are----
35080
34181
Resistances on upside are----
38187
39054
I will plan my trades according to these levels for upcoming week.
Happy Trading :)
Disc: Chart posted only for learning purpose.
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