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(Daily Chart)
(Daily Chart)
Yesterday Banknifty has made Long Lower Shadow candle in Daily chart which indicates a reversal but requires follow up confirmation. 200 DEMA @ 9916 and 100DEMA @ 9867 will act as support.
(click on Image to enlarge)
(Monthly chart)
(Monthly chart)
In Monthly Chart Channel Resistance comes around 10500-10510
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