Nifty Bank Index
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Banknifty analysis for 16 Feb 24

109
Hello everyone,

Banknifty in daily tf made hammer, also closing positive. Price is above 13 & 20 ma

In hourly chart momentum bullish

Immediate resistance - 46400
Immediate support - 46080

Upside resistance for intra
46370 46420 46575 46678

Downside support for intra
46150 45960 45830 45640

All are pivot points..

Thank you🙏

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