Nifty Bank IndexUpdated

BANKNIFTY in contracting triangle

BANKNIFTY in contracting triangle... range is slowly contracting 36400--36800 with Gann Resistance 36865..

Bulls need to sustain above this

breakout or breakdown will decide further clear trend

Note

breakout @36700

now immediate gann resistance to cross for bull 36865

Note

after breakout made high near 37390

part booking advisable

now hrdle 37500--600

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