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Nifty Bank Index

WEEKLY candle is yet to form

By Wealthcam
As we can see, BANKNIFTY can be seen forming more like a head and shoulders pattern in bigger time frame but is still maintained above 51000 psychological level and important demand zone hence unless this weeks candle closes below 51000, the trend won’t change and we can see strong Recovery anytime sooner so plan your trades accordingly.
Multiple Time Frame AnalysisSupply and DemandTrend Lines
Wealthcam
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