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BANKNIFTY still seems directionless

Nifty Bank Index (NSE:BANKNIFTY)  
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NSE:BANKNIFTY   Nifty Bank Index
Supply and Demand Candlestick Analysis Multiple Time Frame Analysis
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supplyanddemand candlestick mtfa
As we can see BANKNIFTY got rejected exactly from the SUPPORT and the psychological level of 40000 levels and had been bearish ever since. Hence BANKNIFTY still seems bearish as of now unless BANKNIFTY sustains above 40000 hence keep watching as either of levels is broken we can expect a good move
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