Are we heading towards 50000 mark?

٩ أكتوبر ٢٠٢٤

As we can see despite the strength BANKNIFTY formed more like an inverted hammer pattern and ended up closing below the trendline showing bearishness as analysed hence if BANKNIFTY opens flat then we may see bearishness to continue but it opens strong then we may see another sideways to volatile market so plan your trades accordingly.