Bank Nifty bounce-back today
Bank Nifty -1. Taken support of 50EMA. 2. Has made an inside bar. The short corrective move has taken place. From the broader market perspective, Nifty has already shown upward momentum. So Bank Nifty should follow? We need to watch today's moves. FIIs have started buying again, so that is certainly one more thing that will puch Bank Nifty back to upward trend. Probability of uptrend is greater...what do you think?
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