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BANKNIFTY can show more of weakness below todays low!

NSE:BANKNIFTY   Nifty Bank Index
As we can see BANKNIFTY had been sideways to negative throughout the day as analysed in our last post. We can still stay with our view that till BANKNIFTY maintains inside this zone, we may expect it to remain sideways to negative and following todays candle formation, we can expect more of weakness if today’s candles low is broken so plan your trades accordingly which could be inclined towards negative till it maintains in the range.

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