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SantP

Prepare to go long BANKNIFTY between 34300 & 34000

Long
Nifty Bank Index (NSE:BANKNIFTY)  
SantP Updated   
NSE:BANKNIFTY   Nifty Bank Index
Supply and Demand Fibonacci Trend Lines BANKNIFTY bankniftytradesetup
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supplyanddemand fibonacci trendline banknifty bankniftytradesetup
All my trend lines have been respected lately, waiting patiently has always given great results. If the fall continues towards 34000 level.

  • BankNIFTY has a great Supply zone between 34300 & 34000, great to start adding BankBees, BN futures or Banking stocks during this zone in every dip.

    Confirming with Fib .50 levels, 100 EMA, and previous demands zone at the same level.

    If this pull back is successful BN might head towards 44000+ range.

Trade active:
Levels activated/
Added BANKNIFTY FUTURES and BANKBEES.
Comment:
Added more quantities of BankBees.
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