BNF Gap Up and Consolidation

BNF (Bank Nifty) exhibited a notable market movement by opening the gap up. It successfully reached the resistance level at 45650, indicating strong bullish momentum. Following this, the market entered a phase of consolidation, where the price remained relatively stable within a certain range.

For tomorrow's market outlook, we can anticipate a bullish trend if the price rises above 45840. Conversely, if the price falls below 45480, we can expect a complete bearish sentiment. However, if the price remains within this range, the market is likely to consolidate without any significant directional bias.