1. Price has taken good support from 62.50 levels 2. After a pullback of ~ 38%. bulls have taken back the control which was clearly visible after the price broke out above the trendline with over an average volumes (in 4h + 1d time frame). 3. With PSU bank taking control of bank nifty, these mid PSU banks can also perform well.
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Moved up sharply ~7%
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80+ levels on screen...
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today it made a high of 87..turning out be a very good trade