December 6, 2020

BANKNIFTY EOD and hourly charts

Daily charts
- trend is up on daily charts
- this index was earlier underpeforming the nifty is now doing well
- consolidation has set in for past few days
- swing low SL around 28500

- recent all time high is around 32400

Hourly charts (futures)
- sustaining above 30000 will be bullish
- SL below 29500

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