Somanathrout

banknifty buy above 34800 and sell below 34039

NSE:BANKNIFTY   Nifty Bank Index
as we can see banknifty has made double bottom on the support trendline, it can give a pull back to 35500-35600 range if closed above 34777 on daily basis which is presently expected for the week. but we should keep in mind that it has become downtrend on monthly chart. most important is the white trendline and monday morning trade will confirm the trend.
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