BankNifty is on the Channel Bottom
if it breaks below channel and get Follow through then probable next target is around 50% fib level. which was the previous major support. Marked the Blue line represents the center of 61% and 50% Mid level. it probably take 1 bounce back on this level.
if it breaks below channel and get Follow through then probable next target is around 50% fib level. which was the previous major support. Marked the Blue line represents the center of 61% and 50% Mid level. it probably take 1 bounce back on this level.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.