Banknifty

flirting near 3 month rising trendline if start closing below 50500 level on day closing bases with bearish candles can see fall towards 49500 & below if holds and bounces can see upside to 51500 & above in next 5-6 session be alert . As stock are oversold i favor in recovery side towards 51500 & above .view fails if start closing below 50500.