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kiranrshinde

Banknifty Fib Retracement Day View

Nifty Bank Index (NSE:BANKNIFTY)  
kiranrshinde  
NSE:BANKNIFTY   Nifty Bank Index
Technical Indicators Chart Patterns Trend Analysis BANKNIFTY bankniftyanalysis bankniftytrend bankniftyintradaylevels bankniftyexpiry
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indicator chartpattern trendanalysis banknifty bankniftyanalysis bankniftytrend bankniftyintradaylevels bankniftyexpiry
As per my analysis, Banknifty has exactly retraced 50%.
Now for further bullish rally it must take support of 0.35 levels i.e 39600 in round figure.
We do see support at that level, but we also see a strong resistance at 40000 levels.
Moreover i feel market to go sideways in first half and then move in one direction.
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