We can see BANKNIFTY despite being sideways managed to close strong and has formed more like long borne consolidation hence any break above the given consolidation can give rise to unidirectional move so plan your trades according.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.