singh17vivek

Bank Nifty at strong resistance

NSE:BANKNIFTY   Nifty Bank Index
The Index has reached the breakdown zone of 43750. It has reached the 38.2% Fib retracement and we also have a falling trendline at the same zone. To me this rally could be fading. There are no strong candles on the rally another indication of bulls not supporting it.

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