BANKNIFTY couldn’t sustain, more of sideways market incoming??
As we had been analysing that BANKNIFTY is expected to show unidirectional move if crosses and sustain itself above 41800 but it failed to do so despite the strong opening but on a brighter note this confirms the resistance has gotten very weak and any closing above 41800 could show huge upmove so for now we can again expect negative to sideways market in BANKNIFTY unless it sustain itself above 41800 so keep watching everyone
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