#Banknifty

8 Mar 2023

"Trading day, March 8th: The global market is indicating a negative start. Structurally, the market's nature is moderately bullish. It may start with a gap-down, and after that, if the market breaks the 38% Fib level, that's a sign of a correction. The correction will reach a minimum of 50% to 61% Fib levels. On the other hand, if the market rejects around 38%, then we can expect a range-bound market to rally continuation."