Nifty Bank Index

Bank Nifty: Trading in channel on daily time frame

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Bank Nifty is trading in a channel on daily time frame. Keep on radar for channel breakout. Although bank nifty is forming doji candle since last 3 days, but not closing below previous day low. Keep on radar. Can expect decisive move in coming week by bulls & bears. Negative divergence is visible on hourly time frame.

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