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Manickamtraders
Mar 4, 2024 3:38 AM

#Banknifty directions and levels for March 4th 

Nifty Bank IndexNSE

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Banknifty also has the same sentiment. If the gap-up sustains, then we can expect a minor rally. Once it rejects the immediate resistance levels, then we can expect a minimum correction of 23 to 38%. Alternatively, if the gap-up doesn't sustain, then we can expect a 23 to 38% correction initially, indicating that the 4th wave may continue further.
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