Buyers should not overlooked this resistance of BANKNIFTY

A retracement and trendline has been show in the chart. Trendline appeared in the chart is a strong resistance that can be not overlooked.
Another plotted thing is for future prediction for BANKNIFTY .
Comment: Intraday traders must be keep in their mind this RESISTANCE 29332 to 29378


Wow , Amazing , Grate change in the posting , Appreciate your efforts , this is the simplest way one can look in the stock market , no need of much of complexity , but some how people gets confused them self and end up with lots of misinterpretation , The Fibonacci tool might be placed on foreseeing the market , but in my view the Fibonacci is used in identifying the next possible pause or turnaround based on immediate previous peak difference in an on going trend ,
Grate efforts , Good day
+3 Reply
Kinnari_Prajapati I-Fund-Trader
@I-Fund-Trader, thanks for inspiration. yes you are in fibonancci analysis what i have refer the book of bloomberg named as Financci Analysis bloombger Technical.
I-Fund-Trader Kinnari_Prajapati
@Kinnari_Prajapati, OK download there are other publications available form Bloomberg on technical analysis , Including wave principal , they are free to download in Google search ,
+1 Reply
Kinnari_Prajapati I-Fund-Trader
@I-Fund-Trader, I ll download Wave Principal, actually i am using Kindle reader with year subscription. So no worry if its paid. You can suggest me books for reading.
looks nice
+1 Reply
@tamilstocks, thanks, ...
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