BankNifty has a solid bullish structure, so if the initial market rejects, we can expect a maximum retracement of 23 to 38% because it could be in a 4th correctional wave. Alternatively, if the gap-up sustains, then we can expect rally continuation with minor consolidation.
BANKNIFTYbankniftyanalysisbankniftytradesetupbankniftytrendbankniftyviewChart PatternsElliott WaveHarmonic Patterns

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