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Banknifty - Intraday levels & Prediction for - 16 Apr 2024

Long
NSE:BANKNIFTY   Nifty Bank Index
Banknifty Prediction for Tomorrow :

Trend : BULLISH

Sentiment : Positive

Expectation : Strong BEARISH

Nifty and Banknifty both at strong Support level for BULLISH rally for new High in the upcoming days.. Sharp selling today is a correction, Expecting uptrend from tomorrow.

Look for Buy/Sell at Demand and Supply zone for profitable trades.

Demand and Supply Zones - When price breaks the zone, Demand zone will become Resistance and Supply zone will become Support.

Refer the chart for detailed Intraday Support and Resistance levels.

Happy Trading!!

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