bijoy2526

BANK NIFTY retraces after touching 200 dma.

NSE:BANKNIFTY   Nifty Bank Index
yesterday it got support from 20 dma and
had bounced from that,
and today it touched 200 dma and retraced.
let us see which event takes place earlier
whether it closes below 20 dma(negative)
or it closes above 200 dma on daily basis(positive)
Tussle is now going between bulls and bears.
of course uptrend is still in tact.
It is proceeding with higher high and higher low.
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