Bank Nifty Trend Analysis 29-1-2023

As Per Line Chart .

Last day Trading Session We have Seen Heavy Selling in bank nifty.
Now Most Important Support Broke 41700 And Second Support is 40000 level..
40000 is psychological And Tend Line Support Also 200 Moving Average.

So 40000 3 Trend based Support . like horizontal, trendline and Ema .

If 40000 Level Break below Side New target Open 37800 next Support .