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Bank Nifty Analysis for 17/01/2023

NSE:BANKNIFTY   Nifty Bank Index
Bank nifty is into channel pattern from last one week ,
upside if breaks 42300 and sustains then can go upto 42500 / 42700 if banknifty breaks the upside of channel can go upto 42890 as it is resistance
downside if breaks 42000 then can go upto 41800 and 41750 ..

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