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Bank Nifty Analysis For Dec 1st Week

Long
NSE:BANKNIFTY   NIFTY BANK
Where will banknifty go???? As we can see on 30min chart banknifty is following Elliot wave theory. It can move down and can give breakdown from channel. Or it can form double top pattern near previous high and then can breakdown channel. Or it can break previous high and can go long. Here Just shit back and see what will happen and trade accordingly

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