Bank Nifty has made a doji on weekly chart. The downward momentum could continue to take it down after this pause. the next levels are marked on the chart- but eventually it should get to 33,000. The correction at current level is around 15.5%, looks all set for a correction of 20% ---consolidation and then a move forward. 20% correction from the peak will take it to 33,000 -as marked on the chart. Do you also expect it to fall till 33000 or do you expect it to bounce back sooner?
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