BANK NIFTY two consecutive NR4 days.

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and weekly range which is narrowest in last seven week.
It appears range expansion of bank nifty may take place in coming days.
as stated in my last post it was supported by 20 dma.
It may now try to cross 200 dma now.
It is underperforming nifty and it may have catch up rally.
major indices like dow nashdaq nifty bank, nifty all are facing resistance at 20 period weekly average.
European indices like ftse,dax are comfortably trading above 20 period weekly average.
let us hope nifty bank nifty all crosses above 20 period weekly average this week.
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