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Is this the new trend REVERSAL or just a bluff..?

Nifty Bank Index (NSE:BANKNIFTY)  
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NSE:BANKNIFTY   Nifty Bank Index
Trend Analysis Supply and Demand Trend Lines
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trendanalysis supplyanddemand trendline
as expected and analysed in last analysis that it is trading at very important resistance and we can expect good rally, we did see a 1000++ point rally!

But the problem lies as the rise of COVID and inactivity of FII’s what led to this rally?.

Now BANKNIFTY is again heading at important RESISTANCE which is around 36700 and hence it is not advisable to make new long position unless this level is breached above else we can see a sharp reversal from here till 35000 anytime sooner
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