Center line of the channel restricts it.
First point to consider whether it fills the gap
that it has created on Friday that is 39196,3 and 39061,3
2 nd point if it violates thursday low or not.
If bank nifty is bullish it should not fill up the gap this time.
with hdfc bank coming out with good numbers
and good earning expected from other public sector banks and private sector banks
we should not unestimate atleast bank nifty.
Tomorrow morning during first half we can have clear picture of bank nifty.
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