Nifty Bank Index

Banknifty directions and levels for November 4th.

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Bank Nifty View:

> Bank Nifty also exhibits a similar range-bound structure. If the market pulls back initially, we can expect it to reach a minimum of 78% of the swing high for the range-bound targets.

> On the other hand, if the market declines initially, it could reach a minimum level between 61% to 78% on the downside.

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