BankNifty trailing between the support and resistance, In rsi it's respecting the support and resistance levels. Fibonacci is at 38.20 which means either it will retrace back or go with the trend.
There can be different possibilities tomorrow that are
1.If it breaks the S2, then go for short target at S3
2. If it opens higher than S1 than go long target at R1 (more likely to happen)
There can be different possibilities tomorrow that are
1.If it breaks the S2, then go for short target at S3
2. If it opens higher than S1 than go long target at R1 (more likely to happen)
Trade closed: target reached