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Bank Nifty: The Confluence Zone

Nifty Bank Index (NSE:BANKNIFTY)  
Bravetotrade Mod Updated   
NSE:BANKNIFTY   Nifty Bank Index
Trend Analysis
8
2
trendanalysis
Currently in a confluence zone where a downtrend line meets the cypher PRZ. A downward reversal from this point may take BN back towards 23900-24000.

If there is to be a continuation on the upside, I would consider buying on a confirmation above 24400 for the target of 25000.

Trade Safe

Regards
Bravetotrade
Comment:
JJ Singh
Trader/Investor
Moderator, TradingView

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