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Banknifty spot for 18/10/2021

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NSE:BANKNIFTY   Nifty Bank Index
Banknifty gave a good rally in the last trading session.
Now it can touch 39769 on spot.
after that, it can go into a profit booking zone for the upcoming week.
Buy- 39200ce (when it closes above 39400 on the spot chart).
Target- 60-100 points.
SL- 40 points (trail SL to CTC once it reaches the first target or book half).
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