Weekly Chart
Last week's anticipation of a rebound on the upside came true.Support on downtrending channel held for the second week.The bullish candle on better than average volumes promises of some more upsides.
Daily Chart
The daily charts formed an outside day which is a one day reversal pattern.So watch out if the Bank Nifty trades below 9526. Resistance at 9715-9962 and Support at 9482-9320.
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Happy Trading !!
Lakshmi Ramachandran
www.vipreetsafetrading.com
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