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Nifty Bank Index

Bank Nifty - Analysis for Nov 9

By vanathi
Mod
Updated
Bullish pattern : Trend line support, rounding bottom, resistance break out. I have mentioned the levels the the video itself. Note : Develop flexibility and adapt market movement to be a profitable trader. I post analysis daily on indexes.
Note
Range formed so far is 41500 - 42000
Note
Because of the bullish patterns, even though price fall from 41939 in the opening itself, price is still bullish & moving sideways. snapshot
Note
The level I mentioned 41820 to buy is acting as resistance so far. snapshot
Note
Entered after the above updation when price closed above the resistance drawn. for 100 pts scalping. snapshot
Note
High : 41948 Low : 41667 Range move as I have mentioned in morning. snapshot
Double Top or BottomSupport and ResistanceTrend Lines
vanathi
Mod
Role I play here : Moderator.
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