Banknifty Made similar closing of 41350 in 27/10/2021, 21/10/2020, 09/03/2023 again today every time there has been fall of 2000-3000 points as shown in charts.
BANK NIFTY Made high of 41517.65 (future)
Below 41358----------- if if if stays Target : 40954--------------40819 Have patience
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Bank nifty is doing time pass for pe unless it break 41420 in cash with volumn and the 41260 no major down fall for today....... Keep eye on this
i am not bullish on this but it is killing premium for put writers
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📌Like Nifty, Banknifty also forming HNS pattern
📌 So as per pattern 41750-42000 is the major resistance zone also horizontal supply zone
📌If this level respect possible 2000 to 3000 points fall in upcoming weeks and month slowly
📌 Only closing above 42500++ pattern fail and upside rally