Nifty Bank Index

Bank Nifty spot 57713.35 by the Daily Chart view- Weekly update

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Bank Nifty spot 57713.35 by the Daily Chart view- Weekly update
- Bank Nifty created a New Lifetime High Milestone touching 57830.20
- Resistance Zone 56950 to 57350 then ATH 57628.40 for Bank Nifty
- Falling Resistance Trendline Breakout seems to be well sustained for now
- Rising Support Channel stood ground and providing steady positive support
- Current Support Zone 56950 to 57350 for Bank Nifty was earlier the Resistance Zone
- Bullish Rising W pattern done and has been well sustained by current trending momentum
- Bullish Rounding Bottom formed by Support Zone neckline inclusive of W pattern actively effective

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