Price action analysis
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One of the famous Banking Stock which is a part of both Nifty and Bank Nifty is experiencing some radical change in Price Action.
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Compared to the overall market, Price Action of Bank Nifty is leading this time. It’s mainly because of the performance of top tier banks
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On the Intraday timeframe Nifty was little volatile and showed some signs of selling pressure. But on Higher time frame, the story is completely
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So far this Small Banking stock has shot up by 20% and surprisingly this stock is a part of Bank Nifty The stock of