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Nifty Bank Index

Bearish till 50740

Por Wealthcam
As we can see BANKNIFTY has been in consolidation since last few days and in short term can be witnessed as inverted flag-pole pattern which shows bullish continuation. Despite the recovery we are still bearish till it breaches 50740 levels which would then lead to gap covering and further continuation of uptrend so plan your trades accordingly.
Multiple Time Frame AnalysisSupply and DemandTrend Lines
Wealthcam
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