BANKNIFTY
has shown us a fabulous bullish rally. If we look at the price action then we may be able to see that it is forming a rising wedge pattern which generally corrects the price of the security, causing a fall. At the current moment, we should not initiate any position between the range of 35550 to 35200 (NO TRADING ZONE). Levels are on the chart. TRADE AS PER PRICE ACTION.
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