#Banknifty directions and levels for May 27th.
Bank Nifty also has the same sentiment, and HDFC Bank has a solid bullish candle. If the market continues this trend, we can expect the rally to continue, potentially reaching a minimum of 49196 to a maximum of 49335 (78%).
Alternatively, if the initial market takes a correction, we could wait for an immediate support breakout. If it breaks, the minor demand zone will act as support. If the market finds support there, we can expect a bounce back
Alternatively, if the initial market takes a correction, we could wait for an immediate support breakout. If it breaks, the minor demand zone will act as support. If the market finds support there, we can expect a bounce back