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Nifty Bank Index

Strong RECOVERY seen in BANKNIFTY

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As we can see despite the break of neckline, BANKNIFTY managed to recover completely which shows the strength of BANKNIFTY. Now as long as BANKNIFTY maintains itself below the structure, every rise can be sold but if last high is broken then we may see another strong upmove in BANKNIFTY so plan your trades accordingly.
Wealthcam
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Multiple Time Frame AnalysisSupply and DemandTrend Lines

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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Multiple Time Frame AnalysisSupply and DemandTrend Lines
Wealthcam
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.