Banknifty also has a similar sentiment but has not broken the fib level 78% on the upside. So, if the gap-down sustains, it may turn into correction bias. However, here also, if it finds support around the fib level 38%, then it will continue the ranging market structure
BANKNIFTYbankniftyanalysisbankniftytradesetupbankniftytrendbankniftyviewChart PatternsElliott WaveHarmonic Patterns

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