Wishj

Banknifty analysis

Long
Wishj Updated   
NSE:BANKNIFTY   Nifty Bank Index
As per my previous analysis our ce position was at 35700-35700 zone. We can continue the position till we cannot reach the upper trendline. Upper trendline now strong resistance. It can be reverse from where we are because this is 0.5 level of fibonacci on 1 hour timeframe. also market will back from 36300 zone because this is another level of fibonacci. but we will bullish above 36300 till the trendline. Kindly trade on your own analysis or risk, This view is only for educational purpose . Thank you.
Comment:
target achieved.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.