The trend for the bank nifty is up, if market goes up directly towards 48000 we have to wait for break out or rejection from supply level(around 48000 to 48100) to take the trade and If the market gaps down and reached 47400 to 47450 level we can expect rejection and with the target being 48100.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.