Bank Nifty : Going to Sideways to Bullish Trend.....
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Bank Nifty on Daily TF make half cup pattern which can done on next week, RSI on Daily take support on 40 from last 6 days, and on weekly & Monthly Basis take support on 60. next week is confirmation week to going upside or still sideways trend be continued.
Bank Nifty momentum is more stronger than Nifty of Technicals. 41600 is strong support on Daily TF & take support from last 6 days. next week if bank nifty sustain to 42500 level the next level can see to 42800.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.