Banknifty today looked very strong probably due to strong showing by almost all public sector banks and fuelled Nifty too. It finished as a strong full bodied green candle with higher high, higher low and higher closing price than yesterday’s candle. There is no selling area since BNF continued to rise. However, there is a buying area as indicated on 15 min chart. Please also check my youtube video under name Market Movers India for more exhaustive content. All the best. Happy trading.
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