BANKNIFTY
The price is creating a Cup-like shape in the daily chart. To complete the pattern, it must go up to 46369.50. But there is a resistance which is holding onto and all the Trap Zones are tested. So, though the bias is Bullish but we should wait for the 45564.40 resistance to break to think of entering a long trade in Bank Nifty.
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Trade closed: stop reached:
Target missed by a whisker
