As seen from previous moves, Sensex is moving under a Channel.
1. On 06-09-23, we have notice a 1st Impulse move of 483 points.
2. On 07-09-23, we have again notice 2nd Impulse move of 483 points.
3. ON 08-09-23, Sensex is expected a little gap up opening and expected to touch upper side of the channel and further expected to move downwards.
Same moves are also expected in BankNifty as it also makes same pattern as Sensex.
1. On 06-09-23, we have notice a 1st Impulse move of 483 points.
2. On 07-09-23, we have again notice 2nd Impulse move of 483 points.
3. ON 08-09-23, Sensex is expected a little gap up opening and expected to touch upper side of the channel and further expected to move downwards.
Same moves are also expected in BankNifty as it also makes same pattern as Sensex.