Nifty Bank Index

An Ascending Channel within a Base Channel - Bank Nifty

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In the previous week Bank Nifty recorded a high at 22479 and formed a swing high with a bearish outside bar. The Key level is at 20926 and the critical level and 19507. On the break of the recent swing high price can inch towards the channel line. Price action near the support zone at 20240 will be crucial for the upcoming week.

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