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Banknifty update for May 15, 2020

The Banknifty is moving up and down in range (mostly Gann Nos). After making high on the stimulus package, Banknifty is moved down continuously making low near Gann No 19000 today. It looks this range-bound move will continue till FM's daily conferences continue. So the possibility of 21600- 22500 based on Fib-projection still continues, unless we break 18300 levels.


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