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Bank nifty cmp - 34450 ... after closing above 34800... it can easily show 36250 then 38K...
But remember only closing above 34800
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Bank nifty cmp - 34450 ... after closing above 34800... it can easily show 36250 then 38K... But remember only closing above 34800
Only concern is increasing VIX.. which is @25 right now.

Whenever it will cross 30

Always remember.. no trade...
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Nifty @ 16259 It has potential to go 17500 - 17700 (Nifty is trading in a range b/w above two blue line.) SL - 15600 ( below this level Sharp fall can be seen)
To achieve the Target of 17500 - 17700 , Nifty has to pass immediate resistance of 16400.
Nifty is week coz of rupture in IT & METAL stocks.

Hurdle of 16400 will overcome iff Bank nifty convincely crosses the barrier of 34800.
Sgx nifty is suggesting gap up and nifty may open around 16450, if it sustain for about ½hr... then short covering can be seen...
Next Nifty resistance is 16800.
But our target of 17500 - 17700 is intact.
Being a SEBI registered member, we r moving into a registered channel with the same name..... All group members r requested to join the new channel thru provided link and leave this existing group, as we will discontinue this group in coming months....

https://t.me/Grow_with_Analytics
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