Nifty Bank IndexLong
BANK NIFTY WEEKLY VIEW - OCTOBER 2ND WEEK
Banknifty looks over sold and we can expect short covering in the upcoming week, only problem is global tensions, if we don't see any major escalation in global tensions then we can expect short covering upto levels of 53000. Buy on dips setup will remain intact until banknifty breaches 50300-200 on the downside.
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Disclaimer
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.