Nifty Bank Index

BANKNIFTY still looks weak..

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as we can see BANKNIFTY remained sideways to negative as we had been analysing since past few days that BANKNIFTY had been in rising wedge pattern which is more like a bearish pattern hence break of the structure could lead to a big directional fall hence was long as BANKNIFTY maintain itself within the structure it can remain sideways to negative till it finally breaks below for a bigger fall so plan your trades accordingly

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