Bank Nifty Analysis for 17/01/2023

Bank nifty is into channel pattern from last one week ,
upside if breaks 42300 and sustains then can go upto 42500 / 42700 if banknifty breaks the upside of channel can go upto 42890 as it is resistance
downside if breaks 42000 then can go upto 41800 and 41750 ..

this is for educational purpose no recommendation