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surya89trade

BANK NIFTY: Bulls take Charge

Long
Nifty Bank Index (NSE:BANKNIFTY)  
surya89trade Updated   
NSE:BANKNIFTY   Nifty Bank Index
Trend Analysis
6
2
trendanalysis
BankNifty makes new highs on back of a fundamental trigger that SBI has cut savings bank rate for deposits below 1 crore. This can be a positive trigger for the stock in the short run; thus changing the underlying tone of BankNifty in the short run.

BankNifty Target: 25276 with stop below 24890
Trade active:
Initiated longs with stop below 24890
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