Dogi Candle on bottom : Buy BankNifty (Weekly Analysis)

We have seen BankNifty trading in range and banknifty has formed a dogi candle on bottom this is positive trend change indication, now high probability of reversal from these levels. So if anyone wants to buy from these levels can go with stop loss of 38600 and target we can see on higher range 40200/40400/40600. Right now banknifty trading at 39190. this is best price to enter, but if you see some downside till 39000 please try to accumulate there, chances are high for reversal. Please don't forget to put stop loss in trade.
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See where the price is, i had suggested you buy more if you see some more downside after our buying price, i had suggested you to buy at 39190 but it has went down till 38926 and it was suggested to accumulate more at downside,,well it has taken u turn from 38926 and now banknifty is trading at 39640,,,Awesome we have really predicted well..awesome WAit for more down upside our target is still far from here.

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Congrats First Target completed