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Bank Nifty was supported by 200 DEMA - formed a doji today.

NSE:BANKNIFTY   Nifty Bank Index
Bank Nifty took support at 200 EMA on daily chats, but remained weak on most other parameters.if tomorrow

It made a text book doji where o=c, a strong reversal signal, provided it is supported by tomorrow's candle.

Global markets as as oversold as ours, a short covering bounce may come anytime.




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