BANKNIFTY INDEX FUTURES

BNF Analysis. Market Outlook

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We have closed at 44394. We have effectively closed below 44500. 42650 is the next support and if that doesn't hold mkt can effectively go to (40450-39950) to fill the gap that is present there. It will not be a straight fall as there are lots of support at 43956/43800/43500/43385/42650/41750. All levels are futures based.

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