datta_kota

Banknifty 45 mints TF chart analysis for this month

NSE:BANKNIFTY   Nifty Bank Index
Here are my views regarding the trend,

based on the fib retracement, 0.236 acted as good support, if 45 mints candle breaks the upside(yellow line) then there could a good upward moment
if the breakdown happens and 0.236 is broken then we can expect downfall moment and if will take support at 0.382 level.

Do let me know your thoughts around it!
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