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Manickamtraders
Sep 6, 2022 3:24 AM

Banknifty Long

Nifty Bank IndexNSE

Description

The global market marks a neutral start. Market sentiment is neutral to slightly bullish . If the market breaks the previous day's high, expect a minor rally. If that rally continues, we expect ( Nifty 17818 to 17862, BankNifty 40253 to 40370). On the other hand, if the market opens negative, it is a sign of range-bounding. At minimum, we expect a 23 to 38% fib correction.
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