BANKNIFTY WEEKLY ANALYSIS - TRIANGLE BREAKOUT

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The chart is self-explanatory and shared chart for educational purposes.

  • Bank nifty is trading above the moving averages of 50MA, 150MA, and 200MA.
  • And also trading above the supply zone.
  • Triangle breakout with retracement; can expect with an uptrend.
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Moving AveragesSupport and ResistanceTriangle

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