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singh17vivek

A rally likely today

Nifty Bank Index (NSE:BANKNIFTY)  
singh17vivek  
NSE:BANKNIFTY   Nifty Bank Index
Trend Analysis Technical Indicators
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trendanalysis indicator
The short term trend is down. On both the time frame charts RSI is in the oversold sold and hence a rally is likely. Above 47380 we will witness a rally to 48K. If we get a rally this zone will be crucial to watch. below 47150 it will become weak.
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