BankNifty Analysis

Diupdate
The market is in a strong uptrend and it's so near the all-time high hence I believe we would break 32600 soon and see a new all-time high.

BankNifty is following this channel for close to 2 months and if it follows this time too then with this top (32298), we may get 1000 points to fall.

Note: This is the analysis that I did to help you to take the trade, I would also be posting BankNifty Intraday Trade for Jan. 11th, 2021.

To motivate me, Please like the idea If you agree with the analysis.

Happy Trading!
InvestPro India Team
Catatan
BankNifty took resistance today from our trend line, got an opportunity to short.
BANKNIFTYbankniftyanalysisbankniftytradesetupChart PatternsTrend Analysis

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Views are purely educational in nature. You are solely responsible for any decisions you take on basis of my research.
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