Banknifty!! A short term bullish trend before next fall?

Banknifty is showing the "W" pattern with a breakout on Friday which can lead to a short term bullish trend till 51,150 and if reverses from there then you can capture move upto atleast 50,400 if fails to sustain then eventually it can show levels of 49,800.

Hope past analysis helped all
Beyond Technical AnalysisTechnical IndicatorsTrend Analysis

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