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#Banknifty directions and levels for April 23rd.

Nifty Bank Index (NSE:BANKNIFTY)  
Manickamtraders  
NSE:BANKNIFTY   Nifty Bank Index
Harmonic Patterns Chart Patterns Elliott Wave BANKNIFTY bankniftytradesetup bankniftyanalysis bankniftytrend bankniftyview bankniftyintradaylevels
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harmonicpatterns chartpattern elliottwaves banknifty bankniftytradesetup bankniftyanalysis bankniftytrend bankniftyview bankniftyintradaylevels
Banknifty also has the same sentiment, although it didn't experience as much of a pullback yesterday. So, here also, if the gap-up sustains, then we can expect a rally continuation with minor pullbacks. Alternatively, if it rejects around the supply zone or if the market initially declines sharply, then we can expect a minimum of 38% to 50% fib correction.
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