Bank Nifty getting closer to strong res @ 8700..

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Bank Nifty in a sideways mode..

Bank Nifty has been in a corrective mode since the sharp fall
with time being consumed without any meaningful rally up.
If 8380(10sma)is cleared conviningly,
it may attempt 8650(20sma).
Break below 8250, it may resume the
next phase of the down move.

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