NSE:BANKNIFTY1!   BANKNIFTY INDEX FUTURES
Bank Nifty Futures

Support: 34555
Resistance: 35200

Bank Nifty is clearly range bound. It tested the upper and the lower levels today and closed with a bullish reversal (check the round highlights) on the candle as well as RSI . Even the volume is quite prominent at the end.

All the dots match to indicate that we may see an upmove this week.

35200 is a very strong resistance and can be treated as a breakout level.

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