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Nifty Bank Index

BANKNIFTY looks weaker..!

Por Wealthcam
As we can see despite NIFTY breaching new ATH every other day, BANKNIFTY can be seen stuck in a range after rallying and getting rejected from the shown structure. Hence we can look for shorting opportunities in BANKNIFTY rather than NIFTY which is comparatively stronger. We can expect a strong correction or profit booking in index in coming trading sessions so keep watching plan your trades accordingly.
Multiple Time Frame AnalysisSupport and ResistanceTrend Lines
Wealthcam
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