We are still above 51000 mark

As we can see despite the fall, the trend doesn’t seems to be changing as the psychological level is still protected and price is sustained above. Following our view, we can still expect BANKNIFTY to reverse anytime sooner if the level is not broken which would lead to change of trend so plan your trades accordingly as this weeks candle is going to be very crucial.
Multiple Time Frame AnalysisSupply and DemandTrend Lines

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