Banknifty is showing some positive signs, and if it breaks above 54,048, it could potentially reach 55,200-50,000. However, if it fails to maintain this level, it might remain in a volatile range throughout the week. Keep an eye on 54,048, as it’s a crucial breakout level for Banknifty.
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A correction - IF banknifty crosses and sustains above 54048 then it can potentially reach 55200-500
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