BANKNIFTY SEPTEMBER 1ST UPDATE FROM CANDID EQUITY
BANKNIFTY IS CURRENTLY TRADING AT 28200.IT WAS BOUNCED FROM MAJOR RESISTANCE PRICE AT 28350 AND WAS FORMED INVERSE HEAD AND SHOULDER PATTERN.AS PER INVERSE HEAD AND SHOULDER PATTERN THE MARKET IS MOVED FOR LAST TREND ,BUT THE MARKET WAS RETURN FROM PREVIOUS RESISTANCE LEVEL AT 28350.WE WILL EXPECT THE CURRENT MARKET TREND SELL FROM BELOW SUPPORT ZONE 28150 UPTO 27800.INCASE THE MARKET WILL RETURN MEANS WE CAN BUY ABOVE 28350 AND CAN EXPECT MORE BUY UPTO 28600.
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