The BANKNIFTY index is showing strong bullish pressure to reach again to test the triangle breakout level on topside.
If price breaks and retest will enter long to the top side.
if price breaks below and gives us retracement will go for short side.
Breakout and retest is important for us to reach the ATH or below 43400 levels.
On top side if price breaks 45100 and retest of the trendline go for buy up to 45200,45600.
If price breaks bottom side and gives us retracement will enter short side, to the targets of 43400 and 42800 levels.
where a strong level of support build at this place.
If price breaks and retest will enter long to the top side.
if price breaks below and gives us retracement will go for short side.
Breakout and retest is important for us to reach the ATH or below 43400 levels.
On top side if price breaks 45100 and retest of the trendline go for buy up to 45200,45600.
If price breaks bottom side and gives us retracement will enter short side, to the targets of 43400 and 42800 levels.
where a strong level of support build at this place.