Nifty IT Index

Banknifty October 1st Week Analysis

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Banknifty looks Indecisive this week.We can expect small retracement in the upcoming week upto levels of 52800. But if it crosses 54300 on the upside then bearish view will negated and we can expect good momentum upto 55000+. Overall any retracement will be a buying opportunity.
Note
GUYS BY MISTAKE I HAVE POSTED WRONG CHART, WILL POST BANKNIFTY CHART SEPARATELY WITH SAME ANALYSIS .

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