AkmeAnalytics

BankNifty View

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NSE:BANKNIFTY   Nifty Bank Index
BankNifty makes a Wedge pattern. If it holds and giver reversal candlestick pattern near the upward trendline and above black horizontal line then you can expect upmove for next week.

In case it breaks the trendline, then do not short BankNifty rather wait for it to re-test the trendline.

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