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Will previous SUPPORT will act as a RESISTANCE now?

NSE:BANKNIFTY   Nifty Bank Index
As we can BANKNIFTY despite its weak opening showed strong upmove breaking the cognitive dissonance that was created by making doji candle in last few trading sessions which was very well analysed in our previous analysis wherein we expected this strong upmove. Now it can be seen closing at important level as following the previous structure it can be seen it has closed around RESISTANCE which previously acted as a SUPPORT hence if BANKNIFTY opens very strong then we may see another weakness in BANKNIFTY and if opens flat then we may see it again getting rejected making it sideways to negative market so plan your trades accordingly.

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