TradeInKey

BankNIfty's route=map for 29th March

TradeInKey Updated   
NSE:BANKNIFTY   Nifty Bank Index
As have mentioned in my previously published chart, there is a bullish cypher was created. In yesterday session CD leg has extended more till 35016 and price given a quick & clear up-side move after taking support. as price has reached to 38.2% level of fibo. So, now price can reverse from any of further levels.
According to my prediction, price can hit to 50%-61% level in today's session. Most chances are that a reversal can be seen from 35900-36100.

Please have a look into the chart to get all details, have tried to draw everything as much need to do.

# Always wait for candle closing before taking entry in a Trade. Only take entry in running candle, If having enough confidence with Entry Level as well as the candle start crossing previous candle's High.


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HAVE A GOOD GREEN TRADE
Comment:
BUY above 35730...
Target - 35880-900.
Comment:
Price has thrown back by 50% level of Fibo. So, remained very less chances for further Up-move.

Be prepared for a good Short Trade. but maybe not today.
Comment:
Target has almost Achieved with 125 points.
High 35871
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