BANKNIFTY

١٤ ديسمبر ٢٠٢٢

BreakOut of Rising Wedge which is usually a bearish pattern. These kind of breakouts often won't sustain & fizzle out after some time. So its better to be cautious in BankNifty longs.
Resistance Zones - 44160 / 44300 / 44500
Immediate Support Zone - 43970_43980
Trend Reversal Zone - 43850 HCB