1. Bank Nifty seems to be bouncing back from 78.6% Daily Level.
2. Marked are the swing and Intraday Levels for Bank Nifty on the chart.
3. Please use William's R% for execution because it tells you exactly the over bought and over sold levels.
Disclaimer: I am not a SEBI Registered Analyst. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits/losses.