#Banknifty directions and levels for May 15th.
BankNifty did not experience much of a pullback in the last session, so the previous day’s sentiment will likely continue today as well. If the market rejects around the 38% Fibonacci level, it could retrace a minimum of 38% to 61%. Conversely, if the pullback sustains or breaks the 38% Fibonacci level, the rally will likely continue.
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