#Banknifty Direction and levels for FEB 12

10 בפבר׳

Banknifty has a solid pullback. If the market opens with a gap-up, then we can expect rally continuation with minor consolidation. However, if the market opens with a gap-down or rejects around the immediate resistance (45898 to 46031), then we can expect a range market. Structurally, there is no indication of a significant correction.