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Nifty Bank losing momentum; could face resistance around 46,700: Experts

The Nifty Bank rallied for the fifth consecutive day in a row on Monday to close above 46,500 levels but profit-taking at higher levels suggests that the momentum could be fading out.

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Nifty Bank weekly outlook: Resistance at 48,200; all eyes on ICICI Bank, SBI and Canara Bank

If Bank Nifty sustains above the mentioned levels, it can move higher towards the new all-time high levels at 48800 and above. 

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