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BANKNIFTY stuck in a Range in 1 hour timeframe
BANKNIFTY
, 60
BANKNIFTY: BANKNIFTY stuck in a Range in 1 hour timeframe

Observations BANKNIFTY has been consolidating within a defined range for the past 4 trading sessions in one hour candle chart Support level: 48000 Resistance level: 49660 Price action has been characterized by lack of strong directional bias Trading Idea Breakout Strategy: Long Entry: A decisive break above the resistance level 49660 with increased...

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