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Bank Nifty Correction 2nd Wave of Corona !

Short
Nifty Bank Index (NSE:BANKNIFTY)  
sibersoibam Updated   
NSE:BANKNIFTY   Nifty Bank Index
Fibonacci Trend Lines Candlestick Analysis
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fibonacci trendline candlestick
According to Fibonacci retracement BNF might have either a correction or a continuation of downtrend due to the recent developments of 2nd wave of Corona in multiples states of India.
Major Support levels : 32700, 30900 & 29000
The Small gap downside is expected to be filled.
Comment:
The CBI Raid on 3 senior SEBI officials has favoured the bears today At 1:00 Pm IST
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