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Nifty Bank Index
Long

Range Breakout

By Akshaysng
Bank nifty was continuously working above a trend line but with no big movement hence taking support from a trend line. Breakout of the trendline below triggered entry into PE and gave movement of 300 points in 15-20 mins. This is known as price action study when market breaks out of a channel, trend line or range.

Thank you.
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Akshaysng

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