Nifty Bank Index

Did BANKNIFTY turn bullish..?

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As we can see slowly and steadily BANKNIFTY can be seen moving in uptrend, also has broken the trendline but can be seen in consolidation and indecisiveness which shows the breakout is not strong enough or buyers are not confident enough to make market move upwards hence till the zone is broken either side, the trend cannot be identified so plan your trades accordingly.

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