Red lines are resistance and yellow line is support.
Comment
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Follow the trend, today's trend is downward unless breaks the channel (between red and Yellow lines) Todays downside target should be 30970 or more, lets see if it takes support there or further slide
Trade closed: target reached
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Bank Nifty spot made a low of 30955. Target achieved!!! Now wait for trend confirmation or else further slide down to 30800