Nifty Bank Index
Long

BANKNIFTY forming a bullish flag pattern

There is a strong probability of Nifty Bank breaking the current trend and a huge upward movement will be the result of this. After the movement, it will face resistance at 32335 level. 32286 level will be broken, so entry in the range of 32280-32290 is recommended. This will have a risk to reward ratio of 1:1.02.

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