Anand_7

W Pattern Found in BankNifty

NSE:BANKNIFTY   Nifty Bank Index
Based on my analysis, it appears that Monday is likely to experience a bullish trend for Bank Nifty. This prediction is based on the fact that Bank Nifty is currently trading near a significant support level ranging from 44500 to 44600, while encountering resistance in the range of 44900 to 45000. Furthermore, a W pattern has been identified on the weekly chart, which typically indicates a potential upward movement in the near term.
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