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NiftyBank

BANK NIFTY – Short Technical View

1 month ago

BANK NIFTY formed a rising wedge pattern and the support trendline has broken down. Price is currently moving lower, indicating sellers gaining control.

Bias: Bearish
Downside Level: 61,160
Approach: Expect further decline while price stays below the broken trendline.

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Posted by

RAVINTHAR PRADEEP

Moderator

1 month ago

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