PowerTrades

Banknifty Corrections Mapping

NSE:BANKNIFTY   NIFTY BANK
This is the deepest correction so far in recent times. First one over 5% range. Most other cases markets had pulled back anywhere between the 38% to 100 % range.
the Zone marked in red ( 29900-30100) odd area is going to be the resistance area going forward. Swing wise any pullbacks can be shorted with stops above that range.
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