Wealthcam

GAP DOWN OPENING TOMORROW..?

NSE:BANKNIFTY   Nifty Bank Index
We can see BANKNIFTY has closed strong showing bullisheness but it could be a trap inviting more buyers as the trendline resistance is more emminent and so is the psychological level of 35500 hence any weak opening could lead to weakness in BANKNIFTY for tomorrow on the other hand we can see some good move if sustained above 35500 in spot chart in upcoming trading sessions as it would break the trendline which had been followed by banknifty since last 2 months

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