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#BankNifty – 📌 Expected Execution Journey
Detailed Explanation in this video
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youtu.be/Tjq7vxqPf6w
The broader downside view has not been cancelled. However, the price may first complete an extended upward journey before the next major fall begins.
🔹 Step 1: Confirmation
A daily close above 57,500 will confirm that Bank Nifty has the strength to continue the current upward move.
🔹 Step 2: Upside Journey
After crossing 57,500, the price may attempt to complete a total movement of approximately 6,480 points from the recent low.
🎯 Expected upside zone: 59,400–59,500
The price may also extend slightly above this zone before reversing.
🔹 Step 3: Expected Dent
Once Bank Nifty reaches or comes closer to 59,400–59,500, the structure may demand a downward dent.
Minimum expected dent: −2,160 points
Potential extended dent: Up to −6,480 points
🔹 Step 4: Possible Return Zone
If the full −6,480-point dent develops from the upper zone, Bank Nifty may return towards approximately:
🎯 53,000
The expected timeframe for this return journey is around the third or fourth week of July.
⚠️ Important
This is a structural scenario, not a guaranteed straight-line movement.
The expected journey is:
57,500 confirmation → 59,400/59,500 upside zone → minimum 2,160-point correction → possible extension towards 53,000.
The direction may remain broadly negative, but the fall may be delayed because the price first needs to complete its upward journey.