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InvestPro_India

BankNifty Intraday Trade Setup | 29th Dec

Nifty Bank Index (NSE:BANKNIFTY)  
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NSE:BANKNIFTY   Nifty Bank Index
Chart Patterns Technical Indicators BANKNIFTY bankniftytradesetup bankniftyanalysis bankniftyview bankniftylevels bankniftytrading bankniftyintradaylevels bankniftyintraday bankniftyintradaysetpup
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chartpattern indicator banknifty bankniftytradesetup bankniftyanalysis bankniftyview bankniftylevels bankniftytrading bankniftyintradaylevels bankniftyintraday bankniftyintradaysetpup
Today BankNifty opened with a gap-up and after consolidating near our buy level 48400 it went up towards 48630 and 1st and 2nd Targets were done on buy side.

For tomorrow, if BankNifty sustains above 48650, we expect to see further up move towards 48770 and upper marked levels. On the other side, if BankNifty breaks 48400 on the downside, we may see 48280 and below marked levels.

Expectations: Volatile Day

Intraday Levels:
Buy Above - 48650
Sell Below - 48400

To motivate us, Please like the idea If you agree with the analysis.

Happy Trading!
InvestPro India Team
Kommentar:
Broke our sell levels but it was a fast morning move. Trade couldn't execute.

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