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Sai_1995

Retraced 50 percent and wait for a breakdown or turnaround

Nifty Bank Index (NSE:BANKNIFTY)  
Sai_1995  
NSE:BANKNIFTY   Nifty Bank Index
Trend Analysis Chart Patterns
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trendanalysis chartpattern
BN has right now retraced to 50 percent from its recent low of 30,400 and can retrace further to below levels mentioned in the chart. The max retracement can be up to 1.27 levels where a strong support lies.
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