Range can be broken in Bank nifty

NSE:BANKNIFTY   Nifty Bank Index
Bank nifty is range bound from quite sometime it can break the range but will face reisistance on buying side. trend is on selling side if breaks PDL (40820 ) level a good short position can be created of 200 points at least
Banknifty coming to break 40800 level
broke the level but went side ways

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