Nifty Bank Index
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SIGNALLING STRENGTH

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After today's move, bk nifty almost broke out of a trading range of last 5/6 days with upper boundary @34000.Today it gaped down,but filled the gap successfully which is a sign of strength.RSI also formed bullish H/S. So bank nifty is buy above 34000. For me sl approx 400 pts,target 1000+ pts. Standard disclaimer: this is my personal view,not a trading recommendation.Apply due diligence.Thanks.

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