Nifty Bank Index

17TH JULY BANK NIFTY TRADE STEUP

191
On 16th july bank nifty took support at 21238. After a doji appeared last week on weekly charts, this week's big red candle shows weakness, with one day left for trading this week. Lets find on 17th july if this was a small reversal or just a pullback to again reach to 1/3rd retracement level. Place your stop loss and targets according to support and resistance lines drawn.
Comment if someone has any doubts.

Penafian

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