Nifty Bank Index
Long

banknifty- break down towards 35000?

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banknifty was unable to hold above 36300 after trading around this level for past 4 trading sessions finally breaking down today to make a bearish candle indicating further fall is imminent. Likely support is 35000 which could be tested tomorrow. Crude decline could arrest some of the inflationary fears and could create a positive impact on banknifty. We can only wait and see tomorrow. What do you think?

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