Wealthcam

BANKNIFTY still in consolidation

NSE:BANKNIFTY   Nifty Bank Index
As we can see BANKNIFTY is still in range but we can clearly see 34000 being an important psychological level also acting as a strong demand zone! Morever we can see a gap which is yet to fill till 35100 ! hence we can keep buying until it sustains above 34000, else if broken this level can act as a great resistance and there is a space till 32000 for banknifty to fall

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