stockssimplyfy

BANKNIFTY 25 JULY ANALYSIS

Long
NSE:BANKNIFTY   Nifty Bank Index
Bank nifty is looking v bullish than nifty , if price breaks channel & resistance at 37000 level ,momentum can take little pause between 37000....38000 levels. we can see small consolidation around this area & can expect a small retracement from this level .

if price fails to break immediate resistance , we can expect initial retracement till 0. 236 of fib.

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