BANKNIFTY at important SUPPORT now..

As we can see BANKNIFTY couldnt hold itself up after a huge gap up opening and fell throughout the day but closed at a very crucial level which is also a supposed neckline of the potential inverted head and shoulders pattern and this neckline is expected to be respected as a great support, level to watch is 33700-33750 and hence if we see any flat to a little strong opening then we can go long but if banknifty opens weak then we can see BANKNIFTY getting back into consolidation and being volatile
Head and ShouldersMultiple Time Frame AnalysisSupply and Demand

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