BANKNIFTY is consolidating in a narrow range, it is already opened in a gap down, which will act as resistance, so mostly downside breakout possible. moreover no positive news.
Note
downside breakout if it closes below 27404
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.