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BNF
BANKNIFTY INDEX FUTURES
BNF
By hitendravasudeo
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Nov 6, 2023
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1
Nov 6, 2023
50% retracement tested.
Now if 23.6% projection if crossed then can resume back the rise towards
the peak.
44000 key breakout point for near term short term
Swing bottom 42067.
RSI exited oversold zone.
RSI trying to get into momentum as it trying to get past 50 mark.
Fib Proj the upside if 42000 is not violated.
expect consolidation as long as 42000 is not violated.
Trend Analysis
hitendravasudeo
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