Nifty Bank Index

Did BANKNIFTY just turned bullish!!?

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As we can see BANKNIFTY showed strong upmove in the second half which could be a potential reason due to upcoming US election. Nevertheless the bias seems to be changed to bullish as we can see more like a W pattern and a series of consolidation hence any break of consolidation could lead to big move either side so plan your trades accordingly and keep watching.

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