- Bank nifty's range in weekly line chart is shown in the first chart.
- Down trend line in weekly chart has been violated a shown in 2nd chart. this favors the bulls provided 10600 is protected.
- Daily chart shows resistance at 11360 levels. Price should also move away from 200 DMA for a directional move to happen. 200 dma sometimes has this magnetic effect, price tend to move around it for sometime and then moves away from it.
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