Nifty Bank Index
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Mkt reversal started today. Now expect mkt to make new highs 50k

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47172 was the support that market took which it also took last time and made a new all time high. Now again it did the same thing. Today also reversed from the same area. Looks like reversal is in place especially considering indian scenario ram mandir and elections. Two big things in the offing. Get ready for 50k as i see the new high by Jan month end. Check the levels as per fibonacci where mkt can pause and resume journey. My pause level would be 61.8% which is 48015 the the high point (100%) and the ATH (161.8%) 50K++++

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