#Banknifty directions and levels for FEB 7.

٧ فبراير

Banknifty hasn't formed a proper reversal structure; however, if it breaks the supply zone, we can expect a further rally in the upcoming session. On the other hand, if it rejects around the supply zone, we can expect a correction of at least 78% to the swing low, especially if it breaks the Fibonacci level of 38%."