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Bank nifty Bounce back from 30% Fibonacci level from recent low

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Nifty Bank Index (NSE:BANKNIFTY)  
TradingCraftsman  
NSE:BANKNIFTY   Nifty Bank Index
Trend Analysis Chart Patterns
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trendanalysis chartpattern
Bank nifty has bounce back from recent low from December 20th 2021 which can be confirmed as per the Fibonacci retracement 30 % rejection.
next important Resistance for Bank nifty is 38446. and also the Bank nifty index heavy weight stocks like HDFC and ICICI are up on 22 Jan 2022.
SBI also being higher side give bit more strength to the index at this point.
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