Banknifty touched .5 Fib Level
Banknifty Touches 0.5 Fibonacci retracement. From this BNF either take directional momentum. If it touches the 0.61 level(44350) we can take a completely bearish position. Longterm stop loss is at 44932.
If it sustains above the 0.5 retracement level it will be completely bullish market.
If it sustains above the 0.5 retracement level it will be completely bullish market.
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.