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Manickamtraders
May 8, 2023 3:24 AM

#Banknifty 

Nifty Bank IndexNSE

Description

"Good morning. As of May 8th, the global market has shown a slightly neutral to positive start, but the market nature is bearish. We may see a small gap-up at the start, and if it sustains, we could expect a minor pullback. If it reaches the key zone, we can expect correction continuation. Alternatively, if it sustains around the key zone, that's a sign of a range market or rally continuation. On the other hand, if the market declines sharply at the start, the correction will continue with a minor pullback."
Comments
mail2vetha
any change in levels now trading in between
Manickamtraders
@mail2vetha, i think no need bro, just follow the current trend, because market breaks the previous swing high as per the wave extension shouldn't break previous swing high so if it breaks todays high then we can expect 78% fib level(high to low) and 43608 and swing high,
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