#Banknifty directions and levels for March 4th關於NSE:BANKNIFTY由Manickamtraders提供

harmonicpatterns chartpattern elliottwaves banknifty banknifty-tips banknifty-analysis banknifty-levels banknifty-strategy banknifty-trade

Banknifty also has the same sentiment. If the gap-up sustains, then we can expect a minor rally. Once it rejects the immediate resistance levels, then we can expect a minimum correction of 23 to 38%. Alternatively, if the gap-up doesn't sustain, then we can expect a 23 to 38% correction initially, indicating that the 4th wave may continue further.

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