#Banknifty directions and level for July 18th.

Bank Nifty:
For the second consecutive trading day, Bank Nifty has consolidated. This pattern may continue today, meaning even if the market opens with a gap-down or gap-up, it may consolidate between the levels of 52722 to 52263.

A rally may occur only if it breaks the level of 52722, and the downside correction will continue only if it breaks the level of 52263.
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