Nifty Bank Index

Sharp recovery from 20400 to 23900

Bank Nifty recovered sharply from the recent bottom within 9 sessions. 15 Green candle and only 3 red candle on 4 hrs chart. Expected to trend sideways for the next week to take directional move from there for the month.

Overall sentiment positive and one can expect 25k sooner or later.

Disclaimer - Above views, opinion is for educational purpose only. Please review and study on your own and take your own decision. Its your hard earned money.

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