Bank Nifty has broken resistance TL which can act as strong support now (2 different dotted paths show the possible scenario for BNF).
It failed to close above first resistance zone on Friday (35350-35400) which should be breached on Monday
35250 and 35000 will act as support now
P.S. This view gets negated if BNF goes below 34950.
It failed to close above first resistance zone on Friday (35350-35400) which should be breached on Monday
35250 and 35000 will act as support now
P.S. This view gets negated if BNF goes below 34950.