Bank Nifty close shy of 17950,EOD Analysis

As discussed in last analysis Bank Nifty took support @ the rising trendline as shown in below chart and closed above the demand area 17652. Friday we can see a breakout/breakdown move so trade cautiously.  Above 17850 Bank nifty can move towards 17950/ 18050/18144 and below 17650 back to 17434/17368 .  Bank Nifty open with gap made low of 17852 rallied till 17980 and closed at 17934. As

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