#Banknifty directions and levels for September 25th.
Bank Nifty:
The sentiment for Bank Nifty appears similar to that of Nifty. If the market declines, it could see a correction of 23% to 38% on the downside. After finding support in that range, it could consolidate between the previous high and the 38% Fibonacci level. On the other hand, if it solidly breaks the 38% level, the correction may continue with a minimum decline of 50% to 78% in the minor swing.
The sentiment for Bank Nifty appears similar to that of Nifty. If the market declines, it could see a correction of 23% to 38% on the downside. After finding support in that range, it could consolidate between the previous high and the 38% Fibonacci level. On the other hand, if it solidly breaks the 38% level, the correction may continue with a minimum decline of 50% to 78% in the minor swing.
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