Nifty Bank Index

BANK NIFTY it is nr7 day

606
Today retraced 61.8 percent of recent rally.
Now it rests on the channel line through out the day
Didn't violate the channel.
Most of the public sector banks some private sector banks have nr7 day today searching for direction.
Hence imminent break out of Bank nifty seems to be on the card,
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