Banknifty - 24 Dec Expiry Analysis

Nifty Bank IndexNSE

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⋅ 2020年12月23日午後4時25分

Banknifty is forming a wedge pattern.

Here's my plan -

Case 1 - If there is a breakdown, the market can become trending and the fall might be scary.
Case 2 - If market sustains the upper level, I will prepare for a sideways market as 30000 will act as strong resistance.

Cheers.

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