Currently there are 2 cases in BANKNIFTY,
Case 1st
If wave-A already finished and wave-B is forming. In this case price will not go below 34000.
Case 2nd
If price goes below 34000 then wave-A will finish much lower minimum 33500 and max it can go near 31000.
Case 1st
If wave-A already finished and wave-B is forming. In this case price will not go below 34000.
Case 2nd
If price goes below 34000 then wave-A will finish much lower minimum 33500 and max it can go near 31000.
Commento:
Now case 2nd has more probability then the case 1st. All the best.