Banknifty

The global market indicates a slightly negative start. the market nature is neutral to slightly bearish. The market may take a minor correction in the opening market, if the market takes pullback around 38% fib level then we will expect the rally continuation. on the other hand, if the market breaks the previous day minor high then we will expect a correctional wave, it will reach a minimum of 61 to 78%. There, 78% will act as a strong support zone.