BANKNIFTY heading towards important support..?
As we can see BANKNIFTY had been in downtrend since last year making new lower lows but we can see the last new swing low created did not breached previous low which shows it has been protected by important levels and buying interest can be seen, not allowing to make any new fresh low! level to watch for now is 34000-34900 which is a 100 points wherein multiple rejections has been seen and any bullish pattern seen around here then new fresh buying positions can be made
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