protrader1969

BANKNIFTY for 17th October

NSE:BANKNIFTY   Nifty Bank Index
Mood is bullish. FIIs have been buying consistently since last four sessions and DIIs have bought heavily today too. So Nifty is looking bullish as compared to Banknifty. Nifty closed as a Doji candle with higher high and higher low and BNF finished as a red base like candle, also with higher high and higher low. I could not find any buying or selling areas in Nifty but I could find one decent Selling area in Banknifty so I am posting it here. Lack of time and hence can't post an exhaustive post.
All the best. Happy trading.
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