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ā¢ The Nifty Bank index bounced back on Thursday, supported by buying in key index heavyweights such as HDFC Bank and SBI.
ā¢ The index is trading below the 5, 10, 30, and 50-DMA on the daily charts but above the 200-DMA, which is placed at 43,307.
ā¢ The immediate resistance for the index is placed at 43,700, while the crucial support levels to track are 43,400, 43,300, and 43,200.