faadoostocks

Bank Nifty continues to be rangebound with Doji Formation

NSE:BANKNIFTY   Nifty Bank Index
Inverted Flag Pole pattern seen in Bank Nifty (BN)

Till Bank Nifty breaks 28500 and gives a closing above 28500 the trend continues to remain bearish

Inverted flag pattern is seen in Bank Nifty if the BN breaks the pole we may see new lows.

Price is below 22 EMA and Vortex also indicates bearishness in stock.

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