Banknifty october
DT
Note
Banknifty formed DT. neckline around 29500 once broken.
Target is 28300 ro 28236.
NOTE: Wait for the neckline to break.
As per Fibonacci retracement, banknifty must retrace atleast till 38%, 50% and 61.8%. The retracement levels are good for buying opportunity.
Trade active
Neckline Broken. Could retest and expecting it to come down till 28200.Trade closed: target reached
Target hit.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.