#Banknifty

Jan 4, 2023

Good morning everyone. #Banknifty - The global market indicates a negative start. the market nature is neutral to slightly bullish. market may start with a gap-down. After that, if the market takes a pullback, then we will expect the pullback continuation(38% is a demand zone). On the other hand, if the market breaks the 38% fib level, then we will expect a correction. That will reach 50 to 61% fib level.