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Bank Nifty - Monthly Expiry Day Analysis Dec 29

Nifty Bank Index (NSE:BANKNIFTY)  
vanathi Mod Updated   
NSE:BANKNIFTY   Nifty Bank Index
Parallel Channel
19
0
parallelchannel
Price is trending in between an upward channel. Buy above 42900 with the stop loss of 42820 for the targets 42980, 43060, 43200 and 43320. Sell below 42740 with the stop loss of 42800 for the targets 42660, 42580, 42500 and 42400. Expected expiry day range is 42400 to 43100.
Comment:
Channel break out.
snapshot
Comment:
Nice trending day. High : 43498 Low : 42489
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