Wealthcam

BANKNIFTY closed in our range.. very crucial range

NSE:BANKNIFTY   Nifty Bank Index
As we analysed BANKNIFTY showed strong upmove based on the analysis but got rejected around 42000 which we expected around 41700 and fell straight up 2000++ points to 39500 which was our strong SUPPORT and reversed exactly from our levels hence we can expect BANKNIFTY to remain sideways to volatile in this range and now confirmed rally can be expected unless either of the levels is broken and sustained either side so keep watching everyone

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