Breakdown study was applied on the BANKNIFTY which has appeared breakout.
buyers can try this level, 30008. In fact two strong has it, another is at 29730.
Sellers will continue to enter the market either new short or as long forced to liquidate until some point when buyers coming in. We are going to see high volatility in coming this week as I told you earlier in post.
I will update BANKNIFTY accurately in this post tomorrow morning.