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Is BANKNIFTY retesting its breakout levels..?

Nifty Bank Index (NSE:BANKNIFTY)  
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NSE:BANKNIFTY   Nifty Bank Index
Trend Analysis Supply and Demand Multiple Time Frame Analysis
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trendanalysis supplyanddemand mtfa
BANKNIFTY as analysed reversed exactly from 39400 levels and made a low toll 39000 which is also a important support and a psychological level and also had been an important RESISTANCE which also acted a neckline for inverted head and shoulders pattern!

Now if BANKNIFTY sustains above 38750 we can still make long positions ! No shorting unless gaps down Ana sustains below 38750
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