#Banknifty directions and levels for November 11th.
Bank Nifty Current View:
It looks like Nifty sentiment. If the market finds support around 51338 and gradually moves up, or if there is a solid pullback initially, then we can expect a minimum pullback of 38% to 50% in the minor swing.
Alternatively, if the market sustains the gap down or declines solidly, then the correction will likely continue to the levels of 51189 to 51000.
It looks like Nifty sentiment. If the market finds support around 51338 and gradually moves up, or if there is a solid pullback initially, then we can expect a minimum pullback of 38% to 50% in the minor swing.
Alternatively, if the market sustains the gap down or declines solidly, then the correction will likely continue to the levels of 51189 to 51000.
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