ParimalDevnath
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BankNifty

NSE:BANKNIFTY   NIFTY BANK
BN broke out and razing. Breakout means-- previous high or low is breached. It means strong confidence of the traders that this previous price can be used as a good reference point for further move of price. BN has given two breakouts in recent time.
Often Nifty follows the path of BN . Nifty has to scale approximately 200 more points to give an upside breakout.

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