BANK NIFTY Chart analysis

• Bank nifty first chart shows a possible bullish breakout. But price is near serious resistance levels. For the breakout to sustain price must close above 200 Day SMA. and the recent swing low of 11590.
• Price has managed to close above 23.6% Fib level. If it does not sustain above this level we may see a fall again.
• INFOSYS WEEKEND UPDATE

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