#Banknifty directions and levels for JAN 25

Bank Nifty is also forming its 3rd sub-wave, but there is no strong pullback. If the market opens with a gap-up, it might exhibit a diagonal variation. On the other hand, if the market opens with a gap-down, it might continue the correction by breaking the previous bottom. However, if it doesn't break the previous bottom, then we can expect a range-bound market."