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Bank Nifty analysis 10/26

Nifty Bank Index (NSE:BANKNIFTY)  
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NSE:BANKNIFTY   Nifty Bank Index
Trend Analysis Chart Patterns bankniftytrend bankniftyanalysis bankniftyview
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trendanalysis chartpattern bankniftytrend bankniftyanalysis bankniftyview
As Nifty is consolidating today and Global cues are positive we can expect BNF to move in sideways.
Can expect huge upward movement if it breaks R2 level and huge selling if it breaks S2 level.
All banking stocks are trend break support level expecting a huge volatility. Only SBI and ICICI showing buying patterns.

Resistance 2(R2) - 41800
Resistance 1(R1)- 41600
Support 1(S1) - 40700
Support 2(S2) -40450

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