#Banknifty directions and levels for nov 20th

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#Banknifty directions and levels for nov 20thNifty Bank IndexNSE:BANKNIFTYManickamtradersBanknifty also have a same sentiment, the OI chart also indicates a positive trend. If the market sustains the gap-up, we can expect a continuation of the rally with some consolidation. (Alternate view) However, based on the current structure, the gap-up won’t sustain. If this happens, we can expect a correction of at least 38% to 61% in the minor swing. (Current view)