Bank Nifty corrects 1913 points from 1 Jan,EOD Analysis

 Bank nifty has invalidated the  ABCD pattern  as it closed below the 15453 and also broken the gann trendline in the process. Closing below 15150 on Monday can have severe implication on downside.Holding the same can see fast move towards 15550.Bank Nifty has corrected 1913 points from 1 Jan till date suggesting fall has been prety severe maximum correction seen in 2500 point going by

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