Bank Nifty - Critical Zone 18050 - 18200

Bank Nifty is in crucial support zone . The lines in red 18050 to 18200 indicates the importance of the zone. Blue dotted lines shows long term support zone . Bank Nifty should move above all these lines to show it is back for the game. Many traders will have a doubt, this chart shows Head & Shoulders pattern, but still it didnt fall down. Its because price action is above the long term support zone (blue dotted lines).

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