BANK NIFTY if sustains above 40550 higher targets in near future

40550 is acting as strong resistance for bank nifty.
Sustaining above 40550 targets shown in the chart can be achieved. If Friday's low is broken then we may see down side
pull back or retracement at this stage is not quite unexpected.
But higher targets are still in tact
If profit booking does not take place after good quarterly result of ICICI bank
then rally may continue
Apart from reliance only from banking sector delivering good results.
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