#September25 Levels and direction for #Banknifty

25 ก.ย. 2023

"Good morning, friends! As of September 25th, global market sentiment is negative, primarily due to the performance of the Dow Jones. The market trend is bearish, and it may open with a slight gap-down. Additionally, there is a sub-wave 5 forming. So, after the gap-down, if the initial market experiences a sharp pullback around the immediate support zone, then we can anticipate a pullback of 38 to 78%. On the other hand, if it consolidates or breaks that support, then the correction will likely continue. However, if the market opens with a gap-up and sustains it, then we can expect a pullback continuation. There is also a regular flat variation, with its minimum target being 44,903, and if it breaks that level, we can expect 45,054."