As we can see despite the weakness BANKNIFTY outperformed NIFTY and ended up closing in green. Now that BANKNIFTY looks strong we can expect BANKNIFTY heading towards 52500 and 52800 respectively as there is a pending gap that is to be filled which could potentially act as a RESISTANCE so plan your trades accordingly.
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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.