Hi
Based on pasrt weekly, monthly trendlines - Bank Nifty is in strong resistance Zone and consolidating from past couple of sessions.
Take fib retracement from recent high to low and gives us clear S/R & turning points of 0.618 & 0.5 and 0.382 levels.
Wait & Watch - Banknifty to cross/break the trend lines ... Easy PE trade possible.
Trade with trend.
Based on pasrt weekly, monthly trendlines - Bank Nifty is in strong resistance Zone and consolidating from past couple of sessions.
Take fib retracement from recent high to low and gives us clear S/R & turning points of 0.618 & 0.5 and 0.382 levels.
Wait & Watch - Banknifty to cross/break the trend lines ... Easy PE trade possible.
Trade with trend.