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banknifty analysis for 20th March 2023

NSE:BANKNIFTY   Nifty Bank Index
on hrly TF banknifty is moving in a parallel channel, the breakout or the breakdown of which can give a movement of 600-750 points.

White lines are the Pivot zones.
Green lines are the targets on the upside.
Red lines are the targets on the downside.

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