1.banknifty has taken a good support at 50% fib ritracement.
2.making lower low and lower high continuesly from last 2 days.
3.previous gap has filled today shown good support.
4.last 15 min candle was bullish and close below daily cpr and again taken support at previous week high point.
5.tomorrow cpr is narrow and we can expect 300points jump or breaking upper range .
6.if market open below 39286(days1) then may be pannic sellig.
7. if open above trendline then we can expect new all time high(40107).
8.if it is aflag and pole pattern as per 1hr candle then we may expect 14400
BANKNIFTY BANKNIFTY
2.making lower low and lower high continuesly from last 2 days.
3.previous gap has filled today shown good support.
4.last 15 min candle was bullish and close below daily cpr and again taken support at previous week high point.
5.tomorrow cpr is narrow and we can expect 300points jump or breaking upper range .
6.if market open below 39286(days1) then may be pannic sellig.
7. if open above trendline then we can expect new all time high(40107).
8.if it is aflag and pole pattern as per 1hr candle then we may expect 14400
BANKNIFTY BANKNIFTY
Comment:
perfect analysis