NSE:BANKNIFTY   Nifty Bank Index
The global market indicates a positive start. market nature is slightly bullish. It may start with a gap-up. After that, if the market sustains the gap-up, we will expect min 78% fib level. it's a major resistance, if the market rejects around 78% then we will expect a correction. On the other hand, if the initial market declines sharply, then we will expect a minor correction. After that correction, if the market takes a pullback, then we will expect a range-bound market. And if the market takes consolidation, then we expect correction continuation.

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