Banknifty analysis (bearish to sideways)

• Recently, a small bounce is visible, but candles are weak. not reversal yet
  

• Volumes are mixed, but strong selling volume in seen on the drop.
  

• Trend is bearish to sideways, if it sustains above 54600, more upside till 55200 is possible.
  

• Below 54000 fresh downside may open toward 53200-53000.
  

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