Bank Nifty saw a strong recovery from zone of 47k

The Index started the week on a positive note
Market rebound strongly after a negative start
THe Index got major support from HDFC & ICICI Bank

As long as Index remains above imp support of 47k/47200
it can show rebound towards next resistance level

However in case of Bearish Pattern at higher levels,
the index can come back to prev week range

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