Bank Nifty formed Contracting ED in its C wave. A reversal is seen which will be confirmed as it crosses 23065. Therefore Long positions can be initiated from there with 22400 as SL for target of 24000 in short term.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.