Banknifty may see a pullback towards 36150-35900

Banknifty reached the first target of 36500, where it is facing some resistance. The index might see a pullback due to some profit booking. Though for the bull case to continue it should hold 36000 on closing basis. There are chances that the bull rally may be nearing to an end and we might see a deeper pullback. Stay alert!
BANKNIFTYTrend Analysis

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