Support and resistance for banknifty Rsi indicates market is bearish
If u see in chart trend line is breaked but there is resistance zone on upside,,,,,once resistance zone is breaked I.e level of 47 rs,,,,,,,then the target will be 80rs ,,,,,,,,,,,according to fibonacci retracement
Take trade once support & Resistance breaked,,,,, With the help of moving average crossover of 5 & 9 period I can easily draw support and resistance And take trade with the help of rsi 60 40 rule
With the help of moving avg crossover of 5 & 9 period I can easily draw support & Resistance.... And take trade with the help of rsi