dasarijit245

Banknifty Bulish Expanding Triangle

Long
dasarijit245 Updated   
NSE:BANKNIFTY   NIFTY BANK
Banknifty Bulish Expanding Triangle
Today Banknifty break all time High. It's an historical moment of Indian Economy as well as bank nifty Index. As per the chart pattern Banknifty trying to break all previous highs including today.

This is all time high position now briefly understand the position where we are---
Upper side no resistance only at 43900 predicted.
Lower side 43300 is a strong support zone.
Market close with Green Marubuzu mean to open with green signal or going towards long.(Predicted)
as per Oi data of 15th Dec Expiry PCR is 0.75 which is below 1 . it will change after market open tomorrow.
FII's strongly Buying Future and Option.
as per chart it will move upper side after taking a valid support. depend upon market situation.
Perfect fib retracement zone is 43300 with pivot support and price action level. this position can be vary 0.5%- 1% up or down level.


So Range 43300-43900 predicted

*Anything is possible in the FNO market
**Be careful before taking sharp entry watch keenly and do your best trade.
***don't take "One More Trade" which will harm your mindset and damage you capital.

Comment:
There is the zone to decide and predict the trend.

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