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BANKNIFTY still in our demand zone..

NSE:BANKNIFTY   Nifty Bank Index
As we can see despite the negative news announced by RBI of maintaining a CRR of over 10 percent and an unprecedented rise in inflation which led to the sudden fall in index but it maintained itself above the demand zone and can be seen trading in the demand zone hence any flat to weak opening in this range could show strong up move in the first half itself so plan your trades accordingly as it is bullish unless it breaks below our demand zone of 44300-44600 levels

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