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Nifty Bank Index

is BANKNIFTY ready for more.?

Oleh Wealthcam
BANKNIFTY did exactly as we analysed and has also successfully filled the gap taking the neckline as support now we can see BANKNIFTY resisting at 34400 as the gap has been filled and is an important closing hence if BANKNIFTY opens flat to negative we might see a good downside movement on the other hand if opens strong we might see 34400 acting as a good support and continuing its bull run
Economic CyclesMultiple Time Frame AnalysisSupply and Demand
Wealthcam
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