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Nifty Bank Index

BANKNIFTY at very CRUCIAL ZONE !!

185
As we can see we have finally reached the psychological level and important demand zone which hasn’t been tested before and hence could react aggressively from here. Hence as long as BANKNIFTY maintains itself above the given level, we may see sharp short covering else any closing below the given zone could lead to new trend which is downtrend and can lead to further 8-10 percent downfall in coming trading sessions so plan your trades accordingly.
Wealthcam
Also on:
Multiple Time Frame AnalysisSupply and DemandTrend Lines

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Multiple Time Frame AnalysisSupply and DemandTrend Lines
Wealthcam
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.