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Bank Nifty Prediction

Bank Nifty index continued to outperform the frontline indices and ended 162.30 points, or 0.28%, higher at 57,168.95 on Wednesday, forming a doji candle with shadows in either direction, signaling consolidation amid stock specific action.

“Bank Nifty is now trading comfortably above both its short-term and long-term moving averages, reinforcing its bullish undertone. Adding to the strength, the daily RSI is on the verge of crossing the 60 mark and remains in a rising trajectory — a positive sign for momentum traders,”

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Bank Nifty Prediction Bank Nifty index continued to outperform the frontline indices and ended 162.30 points, or 0.28%, higher at 57,168.95 on Wednesday, forming a doji candle with shadows in either direction, signaling consolidation amid stock specific action. “Bank Nifty is now trading comfortably above both its short-term and long-term moving averages, reinforcing its bullish undertone. Adding to the strength, the daily RSI is on the verge of crossing the 60 mark and remains in a rising trajectory — a positive sign for momentum traders,” #BankNifty, #BankNiftyPrediction, #StockMarketIndia, #NiftyBank, #TechnicalAnalysis, #BullishTrend, #RSI, #MovingAverages, #MomentumTrading, #DojiCandle, #MarketConsolidation, #StockSpecificAction, #TradingStrategy, #IndianStockMarket, #NSEIndia, #BSEIndia, #FinancialMarkets, #EquityMarket
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