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There are ideas on different regional versions of TradingView:
Bank Nifty in parallel channel
BANKNIFTY
, 1D
BANKNIFTY: Bank Nifty in parallel channel

Bank Nifty moving in a parallel channel. Currently at the channel bottom, could bounce from here. Even if it opens gap down tomorrow on 9/05/2022, it may bounce from support and close above channel bottom. Until daily candle close below channel, there is a high possibility of reversal.. depends on global cues, Crude price and VIX.

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