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subhagghosh
Oct 1, 2022 7:47 AM

#banknifty Weekly Time Frame View Long

Nifty Bank IndexNSE

Description

#banknifty weekly time frame hammer pattern formation

Much-needed correction looks over in the market and we are heading back to ATH.

If you don't do fishing in muddy water, then forget about creating wealth.

Regards,
SG
Comments
BharadwajBharaata
The C wave for correction is yet to start. I am not a technical analyst. BUT, fundamentally, there will be more default coming in days to come. 34000 kind of level MAY BE SEEN in the short term.

IN the LONG term, I have no clue.
indranil6632
@BharadwajBharaata this is a dead cat bounce, after few trading session downside movement will continue. so sell on rise strategy is best.
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