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Banknifty levels and targets - 4/9/23

NSE:BANKNIFTY   Nifty Bank Index
Hello Everyone. Banknifty is still in downtrend on daily time frame. We saw upward movement yesterday for it to continue it should break 44600 with a 15 minute candle. We should not think about CE trades before this. We can look for PE after 44170 is broken. It will be No trading zone between these two areas. Book profit every 70 to 100 points and look for nearest resistance and support zones. If these zones are near then book profits and look for reversal trades.
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