> BankNifty is totally different from Nifty. Today, the market also indicates a range-bound movement. We can expect the next movement only if it breaks the current range.
> If the market breaks the level of 52340 on the upside, we can expect a rally. On the other hand, if it breaks the demand zone on the downside, we can expect a continuation of the correction. This is the basic structure.
Alternatively, if it doesn't break either the upside resistance or the downside demand zone, it will remain in a range-bound market.
> If the market breaks the level of 52340 on the upside, we can expect a rally. On the other hand, if it breaks the demand zone on the downside, we can expect a continuation of the correction. This is the basic structure.
Alternatively, if it doesn't break either the upside resistance or the downside demand zone, it will remain in a range-bound market.
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