Sideways trend on BankNIFTY

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Expect a sideways trend on BankNIFTY this week. Move limited to R1 and S1 on either side of Central weekly Pivot

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ملاحظة

BNF is still sideways hugging the TC on CPR despite the gap up. Appears slightly bearish. May test Central pivot if it breaks the current dynamic AVWAP level on the chart.