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Manickamtraders

#September29 direction and levels for #Banknifty

Nifty Bank Index (NSE:BANKNIFTY)  
Manickamtraders  
NSE:BANKNIFTY   Nifty Bank Index
Harmonic Patterns Chart Patterns Elliott Wave BANKNIFTY bankniftytradesetup bankniftytrend bankniftyanalysis bankniftyview bankniftylevels bankniftyintradaylevels bankniftyintraday bankniftytomorrow
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harmonicpatterns chartpattern elliottwaves banknifty bankniftytradesetup bankniftytrend bankniftyanalysis bankniftyview bankniftylevels bankniftyintradaylevels bankniftyintraday bankniftytomorrow
"Good morning, friends! As of September 29th, the global market sentiment is neutral (based on the Dow Jones), while our market trend is bearish. It may open neutrally or with a slight gap up. If it subsequently breaks yesterday's low, we can expect a correction to continue with minor pullbacks. On the other hand, if the gap-up sustains, we can expect a ranging market. However, if the gap-up structure is solid, it may experience a rally, or if it sharply rejects the 38% resistance level, we can anticipate a correction."
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