#Banknifty directions and levels for January 22nd, Wednesday
Bank Nifty Current View:
The current view for Bank Nifty aligns with Nifty. If the gap-up doesn't sustain or the market breaks the previous low with consolidation, we can expect the correction to continue toward the levels of 48309 to MPZ.
Alternate View:
If the gap-up sustains, we can approach Bank Nifty as a range-bound market as well. Traders can look for breakout entries. For instance, if the market breaks 48848, we can anticipate a move toward 49031.
The current view for Bank Nifty aligns with Nifty. If the gap-up doesn't sustain or the market breaks the previous low with consolidation, we can expect the correction to continue toward the levels of 48309 to MPZ.
Alternate View:
If the gap-up sustains, we can approach Bank Nifty as a range-bound market as well. Traders can look for breakout entries. For instance, if the market breaks 48848, we can anticipate a move toward 49031.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.