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Bank Nifty - Intraday Levels for 12 Aug 2022

NSE:BANKNIFTY   Nifty Bank Index
Banknifty Levels for Tomorrow..

Trend : BULLISH
Sentiment : Positive
Expectation : Indecision / Rangebound


Banknifty closed with Positive and Bullish sentiment, however Nifty trading at resistance. So Banknifty will trade in range between CPR level and PDH/R1 level tomorrow. Any breakout below CPR zone will leads to Bearish trend.

We can expect some consolidation at this level before it takes next move.

Refer the chart for detailed Intraday Support and Resistance levels.

Happy Trading!!

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