Exact rejection seen in BANKNIFTY! Where is it heading next.?

7 thg 5, 2023

As we can see we had been analysing past few weeks that despite the bull run we are expecting some weakness and rejection in BANKNIFTY and expected a rejection around 43600 levels and we did see exact rejection from that very level and fell more than 1000++ points in just 2 days hence we can expect more of downfall till 4200 which is a psychological level for BANKNIFTY but if BANKNIFTY opens strong then we can see some recovery which could be in the sideways form before continuing its rally so keep watching everyone