On weekly timeframe,
BANKNIFTY
shows a strong rejection at 71.6% Fibonacci retracement levels with a Bullish Engulfing[/i] candlestick pattern.
One can constantly go long, on the break of 25500 levels on spot for a target above 26300+
One can constantly go long, on the break of 25500 levels on spot for a target above 26300+
Trade active
Comment:
Target Achieved