Wealthcam

BANKNIFTY important levels to watch as of now

NSE:BANKNIFTY   Nifty Bank Index
As we can see BANKNIFTY again showed strong rejection from our demand zone and showed strong upmove from that very demand zone. Also we can see BANKNIFTY forming more like double bottom pattern and the neckline being 40800 hence we can see BANKNIFTY showing uptrend hence any gap down around demand zone we can again see huge uptrend around it hence unless 39500 is broken below every dip is a buying opportunity

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