#Banknifty directions and levels for JAN 10.
Structurally, Banknifty exhibits a solid bearish sentiment. However, if it finds support around the immediate demand zone, a minimum 38% pullback could be anticipated. If this pullback is sustained and breaks the 38% level, it might extend further. Conversely, if it doesn't find support within the immediate demand zone, the correction is likely to persist.
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