BANK NIFTY closes below 20 dma.

to which point this correction leads before resuming uptrend let us see.
if it breaks the channel (small black) targets are S1, shown in the chart.
in case of channel break bank nifty may attempt to fill up the gap as shown in the chart.
in case it does not break the channel wait for reversal to take place
impulse wave may start well in the channel and its beak out out of the channel may take place.
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