Bank Nifty was trading in a small range for last few days and completed time wise correction.
Bears failed to hold it below 50050(.786 fib level), so high chances of hitting 100% and goes up in extension to hit the channel top.
As per daily time frame Super Trend and fib channel we have a great opportunity in long with small SL.
Stop Loss below 50130 candle close (1 hour)
Targets - 51000, 52600 and 53000
Bank nifty is bullish in Monthly, weekly and hourly time frames as per Ichimoku.
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