NIFTYBANK D1. Stay bearish till the end of Oct

Market highly probable turned down after violation of 38,760 local top. At the same time price confirmed bullish turn of all high-degree ZZs. Thus, current cutback is corrective segment of Red ZZ development with the most probable target at 36,000 reached approx by the 21st of Oct. After this further increase will continue from Nov 2022.