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Banknifty psychology

Nifty Bank Index (NSE:BANKNIFTY)  
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NSE:BANKNIFTY   Nifty Bank Index
Trend Analysis
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trendanalysis
Here we could see that price has formed the support at 38.2% level and also price has given the breakout for pattern trader. But to take fresh short entry we need price to break the 38.20% level.
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