NSE:BANKNIFTY
Banknifty key levels are marked on chart.
Intraday resistance - 43450 if breaks then bullish move is expected.
If it doesn't break and if drift below 43350 then a fall towards the major Support is possible.
Fib - Retracement - Banknifty downtrend has retracement of 0.382. the reversal is most likely.
Major Support - 42950.
Use position...
BANKNIFTY weekly/240 min demand 21866-20973
pro:
1. Origin of Weekly low
2. lots of room to go up for banknifty
con:
1. 1 exciting candle in 240 min
confirmation entry