NSE:BANKNIFTY   Nifty Bank Index
Monday's scenario -

Flat > It has breached 8/1 Gann level which will act as support and the target could be 1/4 level which will act as resistance.

Gap-up > It could face resistance at 1/4 Gann level and come down.

Gap-down > It may lead to fall upto 1/8 level hence after that we may see a quick reversal.
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