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EXACT REVERSAL from our zone…whats next.?

NSE:BANKNIFTY   Nifty Bank Index
As we can see despite the strong downfall we expected a strong rejection and we did see that exactly from our given levels and recovered almost 1.5. percent single day. Now we can further expect a recovery unless over zone is protected and every dip could be a buying opportunity till election but if manages to break below then we may see a strong downfall which could be a major retracement of minimum 8-10 percent so plan your trades accordingly.

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