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DeGRAM
Mar 10, 2021 9:15 AM

BANKNIFTY fall from all-time high Short

Nifty Bank IndexNSE

Description

My previous forecast is still valid.
The price is in the TP zone and I continue to expect a fall.

In February, the price reached its all-time high.
After that, the price began to fall.
During the fall, it broke through the strong resistance of 2018.

Then it fixed on the line 36661.0.
I expect the price to fall towards support from this line.
The target is 32460.7.

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Comments
Lingrid
and when will there be attempts to overcome the new maxmum?🤔
OptionTiger
From the angle I am seeing, if it holds 36000 level, it will jump high further.

A possible downfall can't be denied up-to 34000 and then 33000 level if previous support does not hold.
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