BANKNIFTY INDEX FUTURES

Banknifty future chart analysis for 30.06.2023

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As you are seeing here after breaking down long trend it went into making declining wedge
now it also broke out wedge upside.
if price goes above 44516 today , then there is high chance that it will achieve all the levels and
may reach 45466 within a day or two.

in downside if it goes down below 44205 there is a high chance that it will test wedge's upside trend
but if it goes down inside wedge again then you may see 43328 level again.

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