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BANKNIFTY is ready to move..

NSE:BANKNIFTY   Nifty Bank Index
As we discussed in the last analysis that if banknifty opens weak then we can see banknifty taking support around 37200 and reverse! we did see the same scenario today as it filled the gap and reversed closing in green, in smaller time frame we can see more like a triple bottom showing strength and hence any sustainment above 37900 could break 38000 psychological level and can show 200-300 points upmove

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