Bank Nifty Weekly view as week ended on 23/10/2020
Bank nifty reacted from weekly resistance zone once and retraced till weekly support once, and as it found liquidity in support again is back to weekly resistance. Sooner or later I feel this weekly resistance will be blown off based on facts and data which I look at. But this is just the hypothesis. I will watch the further follow-up and data to be aligned to support my Hypothesis.
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