BankNifty is on the Channel Bottom
if it breaks below channel and get Follow through then probable next target is around 50% fib level. which was the previous major support. Marked the Blue line represents the center of 61% and 50% Mid level. it probably take 1 bounce back on this level.
if it breaks below channel and get Follow through then probable next target is around 50% fib level. which was the previous major support. Marked the Blue line represents the center of 61% and 50% Mid level. it probably take 1 bounce back on this level.
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