#Banknifty directions and levels for June 11th:

Current View
If the market starts with a gap-up and sustains, we can expect consolidation near the previous high. If it then breaks above the previous high, we may see continuation of the rally.

Alternate View
If the gap-up does not sustain and the market breaks below the pullback zone effectively, we can expect the correction to continue. On the other hand, if the market finds support around the minor pullback zone, it may continue to trade in a range-bound structure