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BANKNIFTY CHART ANALYSED FOR 24th MARCH 2021

NSE:BANKNIFTY   NIFTY BANK
As we discussed yesterday, we could see VOLATILITY , market went no where but eager to hunt SL but tomorrow it could be interesting due to following reasons ✅

^ Witnessed symmetrical triangle breakout today and close at its major resistance which is around 34200 if the uptrend continues do watch out the following resistances

R1 34200
R2 34450
R3 34700

More inclined towards buying if first 15 minute candle closes above 34200 but will not buy aggressively due to following resistances above 🚨

NIFTY also formed an ASCENDING triangle pattern and break of that very pattern above will also give push to BANKNIFTY

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