Banknifty levels for 9th december 2019

Banknifty levels for 9th december 2019



              As you can see this is weekly chart of banknifty. Banknifty has reached on its crucial point. closed exactly below its resistance line. closed below to its previous high which is at 31625. Further more potential downside may possible to level 30580. If Monday session manage to get closed above 31625 then there may chances of continuation of uptrend. After 8 continuous long week market  is in mood of correction.




                  This is daily chart of banknifty clearly you can see daily candle taking support on 20 ema. if it closes below on Monday then there may be chances that banknifty will move towards 30580 in coming days.











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