Nifty Bank Index

Is BANKNIFTY finally getting ready to move..?

As we can see BANKNIFTY has been more like in a W pattern and consolidating around the neckline for around 2 weeks now but gave a good closing above 41700 and hence there is a good chance if BANKNIFTY sustains itself above 41700 and opens strong then we might see BANKNIFTY breaking 41800 mark for a good 300-400 points unidirectional rally so keep watching and be ready for the big move

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